As the chart at right shows, between 1979 and 2007, the share of after-tax income going to each of the bottom four income quintiles–the bottom 80 percent–has dropped. The only quintile that has increased its share is the top 20 percent. And the top 1 percent has more than doubled its share
. . . The Occupy Wall Street movement has made inequality [emphasis added] a key focus of its protests, and has used the slogan, “We are the 99 percent.”
Read more . . .