US Multimillionaires’ Wages Rose in 2021, While Bottom 90 Percent Got Pay Cut

New data shows that the gap between the top wealthiest Americans and the working class reached new heights last year as multimillionaires in the top 1 percent experienced the highest wage raises in real, inflation-adjusted dollars while the wages of the bottom 90 percent fell. In 2021, the top 1 percent of earners saw their annual wages rise by 9.4 percent. The raise for the wealthiest of the 1…

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This post was originally published on Latest – Truthout.