2004 the average after tax income of the top 1

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2004, the average after-tax income of the top 1 percent increased by 20 percent to 145,500 per year. This is the largest one-year increase going to the top 1 percent in fifteen years. On average the income of the bottom 80 percent increases only 2-7 percent.” (180) There are very large differences in Americans economic standing. The rich hold almost all of Americas money, while the poor maybe make enough to live off of. Mantsios uses three “American Profiles” so represent the different classes of the people. He shows how the person that makes the most money also went to better school and got a good 1
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Heath education and therefore got a really good job. His life is very luxurious. Where as the next person makes an income that is just higher than 50% of other Americans. He didn’t go a big fancy school like the first person, he went to a 2 year community college. The last person was a women who just waitresses she didn’t get very much education because she couldn’t afford college. She barely makes enough to live off of. I think Mantsios is trying to show us how growing up can really affect your social class. When growing up if you have go to a better school you will get a
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