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Claim Text
Economic figures show that in 2005, the wealthiest 0.1 percent of the country’s population had nearly as much income as all 150 million Americans who make up the lower economic half of the country.
Simplified Text
In 2005 wealthiest 0.1 percent Americans had nearly as much income as lower 150 million Americans.
Confidence Score
0.900
Claim Maker
The author
Context Type
News Article
Context Details
{
    "year": 2005,
    "topic": "Income Inequality",
    "location": "United States"
}
UUID
9fdb1629-aea0-48ba-af4c-d68cf364755a
Vector Index
✗ No vector
Created
September 11, 2025 at 11:26 PM (5 days ago)
Last Updated
September 11, 2025 at 11:26 PM (5 days ago)

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All source submissions that originally contained this claim.

Screenshot of https://www.democracynow.org/2008/1/18/free_lunch_how_the_wealthiest_americans
https://www.democracynow.org/2008/1/18/free_lunch_how_the_wealthiest_americans

Journalist David Cay Johnston discusses how government policies funnel money from the poor and middle class to the wealthy. He highlights examples like sports team subsidies and tax loopholes.

Wealth Inequality
Tax Policy
Government Subsidies
Economic Inequality
Political Economy
United States
Tax Evasion
Political Corruption
Investigative Journalism
Economic Policy

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