5 Facts About the Wealthiest 1 Percent

LiveScience:

Protesters in the Occupy Wall Street movement, which began in New York City’s financial district and has since spread to hundreds of cities around the country, call themselves “the 99 percent”: They say they’re protesting on behalf of all but the wealthiest 1 percent of Americans.

The protesters object to corporate control of government policies, which they say has led to unfair tax loopholes, job outsourcing, cuts to public programs and gross overcompensation of executive employees, all of which have caused an ever-widening wealth disparity between the top 1 percent and the rest of the country.

So what is the disparity? How is wealth distributed in the United States?

Read the whole story: LiveScience

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