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  • Cannabis Industry Singled Out?

    mj indoorgrowMason County PUD#3's new rate schedules have members of the I-502 Industry concerned. The members feel they have been singled out, and will have the highest PUD electrical rate structure levied on them.  The I-502's are not asking for special treatment, just equal treatment given… Read More +

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  • Audit: Room For Improvement On Welfare Benefits

    olympiaA state audit of the Department of Social and Health Services' food and financial assistance programs to low-income residents found the state could save or recover an estimated $1 million in benefits paid out to people who are ineligible because they either make too much money… Read More +

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  • Sherman, Baldwin Dig At NFL In Press Conference

    lynchbaldwin nflWith the help of a cardboard cutout, the Seattle Seahawks' Richard Sherman and Doug Baldwin took digs at the NFL during a news conference on Tuesday after the league issued a $100,000 fine to teammate Marshawn Lynch for not speaking to the media. Sherman and Baldwin made mention of everything

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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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