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US tax data shows falling wages, rising inequality

November 6, 2010 admin 0

By Andre Damon and Tom Eley, wsws.org Average annual wages for US workers fell by $457 in 2009 and the median annual wage fell by $247 to $26,261, according to recently updated data from the Social Security Administration (SSA). The incomes of the top-earning corporate executives barely budged in 2009. Read more ………