Will growing income disparity force CEOs to re-brand?
Biznology
JUNE 13, 2018
Income inequality has been growing for years. The share of total income earned by the top 10% has risen from around 31% in the 1970’s to about 50% today. Most of this income increase has come at the expense of workers in the lower half of the distribution. Their share of total income fell from 20% in the 1970’s to just over 10% today (source: “Deloitte Insights”). Walmart is doing this now), especially with the added profits from the recent tax cut.
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