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Income share for the top 10 percent, which had risen to nearly 50 percent under Mellon, fell to 35 percent or less under Roosevelt and his successors until 1979 (when it started climbing again).
- Simplified Text
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Top 10 percent income share fell under Roosevelt to 35 percent until 1979.
- Confidence Score
- 0.900
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- The author
- Context Type
- News Article
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{ "percentage": "50 percent under Mellon, 35 percent under Roosevelt", "time_period": "Until 1979", "income_share": "Top 10 percent" } - Subject Tags
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- 9fdb426c-5ea8-4025-9eaa-8fbe37acd517
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- Created
- September 12, 2025 at 1:30 AM (1 day ago)
- Last Updated
- September 12, 2025 at 1:30 AM (1 day ago)
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https://newrepublic.com/article/196176/trump-billionaires-america-wealth-inequality
This analysis examines the shift in American wealth inequality from the Great Compression to the Great Divergence, highlighting the role of policy changes and corporate influence.
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