Read These Facts Before The State Of The Union Address

progressivefriends:

The top 1 percent take home 24 percent of the nation’s income, up from about 9 percent in 1976. [Source]

The top 1 percent of Americans own 40 percent of our country’s wealth while the bottom 80 percent owns only 7 percent. [Source]

 Last year, China spent 9 percent of its GDP on infrastructure. The U.S. spent 2.5 percent. [Source]

47.8 percent of households that receive food stamps are working, because having a job is not enough to keep them out of poverty. [Source]

In the last three years, 30 major corporations spent more on lobbying than they paid in taxes. [Source]

One quarter of all contributions to federal campaigns come from 0.01 percent of Americans. [Source]

50 percent of U.S. workers make less than $26,364 per year. [Source]

More than one in 70 homes faced foreclosure last year. [Source]

Since 1985, the federal tax rate for the 400 wealthiest Americans dropped from 29 percent to 18 percent. [Source]

The United States used to have the world’s largest percentage of college graduates. We’re now #14. [Source]

More here.

Source: truth-out.org

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