Income from labor [in the United States] is about as unequally distributed as has ever been observed anywhere.

Thomas Piketty
About This Quote

In the United States, the total income from labor is now as equally distributed as it has been for any period in history. In other words, those who work hard have a roughly equal chance to earn a living wage. This fact is a reason to be optimistic about the future of the American economy.

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  1. All told, over the period 1932-1980, nearly half a century, the top federal income tax rate in the United States averaged 81 percent.
  2. Income from labor [in the United States] is about as unequally distributed as has ever been observed anywhere.
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