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  • Farmland Preservation Highlighted At Conference

    hagan erik-sizedThurston County Comissioner Sandra Romero and Long Range Planning Manager Cynthia Wilson were expert panelists at a national conference held last week in Lexington, Ky. on local successes and best practices for preserving working farmland. The Farmland, Food and Livable… Read More +

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  • Deaf Councilwoman Demands Interpreter

    Marisa-SalzerThe City Council meeting in Montesano was forced to recess minutes after it started Tuesday night when a council member who is deaf said she could not understand the sign language interpreter. Marisa Salzer said she needed a "certified" interpreter. The… Read More +

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  • Seattle Trades Away Smoak

    smoak3312014Seattle Mariners Executive Vice President & General Manager of Baseball Operations Jack Zduriencik announced today that first baseman Justin Smoak was claimed off waivers by the Toronto Blue Jays. The Mariners Major League, 40-man roster is now at 39 players. Smoak, who turns 28 on Dec. 5, appeared in 496 games for the Mariners after joining the club on July 9, 2010.

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It's Really Good to Be in the Top 1 Percent

b_250_0_16777215_00_images_obgrabber_2013-09_98ef9a6213.jpgiStockphoto/Thinkstock (WASHINGTON) -- The so-called "1-percenters" are better off than since before the Great Depression. An analysis by the Internal Revenue Service reveals that those in the top 1 percent of the nation's income scale held 19.3 percent of the household incomes last year.  That's the largest gap between them and all other Americans since 1928.

Meanwhile, earners who fall into the top 10 percent managed to collect 48.2 percent of household incomes, leaving the other 90 percent to share a little more than half the income.

Although all Americans took a hit in the pocketbook during the Great Recession that ran from 2007 and 2009, the 1-percenters have bounced back nicely, thanks to both the recovery of corporate America and Wall Street.

Between 2009 and 2012, their income grew over 31 percent while incomes for the other 99 percent only went up 0.4 percent.

Households earning $394,000 annually are in the nation's top 1 percent.

Copyright 2013 ABC News Radio

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