[lbo-talk] Source?

Doug Henwood dhenwood at panix.com
Thu Feb 5 12:58:50 PST 2004


I asked Jamie Galbraith for the source and he said he lent out his copy of the book. I suspect it comes from the IRS Statistics of Income <http://www.irs.gov/taxstats/>.

Doug

Michael Dawson -PSU wrote:


>In NYT, James Galbraith reviewed David Cay Johnston's _Perfectly Legal_,
>which apparently reports that "from 1970 to 2000 the income share of just
>13,400 households -- the richest hundredth of 1 percent -- rose from 1
>percent to 5 percent of all income, and from 100 to 560 times the national
>average."
>
>Anybody know the original source of this statistic?
>
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