CBO Chart Looks Like Occupy Wall Street Propaganda Poster
The Congressional Budget Office is, of course, the official non-partisan government research agency for members of Congress. They are a trusted and beloved bunch of bean counters. They are reliable and reasonable. So, it’s a little more meaningful to see the claims of Occupiers corroborated so directly, in that this government report breaks out income into the top 1% as it’s own bracket for consideration. That’s not standard practice.
The report was written at the request of Senate Finance Committee. Wonder what they will use it for.
Full report in PDF. Please note the data is from 1979 - 2007, it does not cover the financial crisis.