On Monday, the Economic Policy Institute issues a report, “The Increasingly Unequal States of America,” that offers a new look at income inequality in states and regions of the U.S. According to the report, the average income among the top 1 percent of earners is $1.3 million a year. (Note: income includes pre-tax wages, salary, bonuses, employee compensation via asset transfer [e.g., 401k contributions or stock option grants], and investment income such as dividends, interest and capital gains; most recent income data in the report is for 2012.)
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