For the ‘Shit We Already Know’ Files

This only merits inclusion on DadWagon because we are all New Yorkers and therefore busted (via the New York Post):

Income gaps in New York are greater than those of any other big American city, and have been trending higher for decades, says a study by the Fiscal Policy Institute.

One percent of New York City residents earned nearly 45 percent of the city’s income in 2007. Nationally, the top 1 percent of earners took about 23.5 percent of all income, the study says.

As we say in the big city: byoootiful.

Published by Theodore

Theodore Ross is an editor of Harper’s Magazine. His writing has appeared in Harper’s, Saveur, Tin House, the Mississippi Review, and (of course), the Vietnam News. He grew up in New York City by way of Gulfport, MS, and as a teen played the evil Nazi, Toht, in Raiders of the Lost Ark: The Adaptation. He lives with his son, J.P. in Brooklyn, and is currently working on a book about Crypto-Jews.

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