(1) The United States is currently experiencing the greatest economic inequality since the 1920 s, and (2) this inequality is depressing the economy. (3)The true sustainers of the economy are the bottom 99 percent of households, but (4) the top 1 percent takes in 93 percent of the growth in income. Also, (5) economic inequality is undercutting tax receipts, which are vital for infrastructure, education and research. This is because (6) income earned by the rich is taxed at a far lower rate than income earned by the middle class.
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