In the 1940's the top 1% in Argentina had more than 20% of the national income. Their share in Argentina was more than twice that in the US. Many will be pleased to learn that we have more than closed that gap. The top 1% in the US has taken the lead. They have 24% of the income while the top 1% share in Argentina has dropped to 15%. I'm sure that we are well on our way to increasing our lead, USA USA USA
Even more good news. By extending the Bush tax cuts the top 0.1% will get an average of $370,000 in tax cuts. Our after tax lead over Argentina will be even better.