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Monday, September 26, 2016

David Cay Johnston reveals how the super-rich have pocketed the vast majority of the gains from the economic recovery, in his new column, “The Richest Get Richer:”

The aftermaths of the Great Recession and the Great Depression produced sharply different changes in U.S. incomes that tell us a lot about tax and economic policy.

The 1934 economic rebound was widely shared, with strong income gains for the vast majority, the bottom 90 percent.