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" In 2007, according to the IRS, the richest four hundred taxpayers had an average income of more than ten thousand times the average income of the bottom 90 percent of taxpayers. Hedge fund billionaire John Paulson made $2.4 million per hour in the year 2010. That’s as much as a worker making $50,000 a year would make over the course of her entire forty-seven-year working career.10 "

Christopher L. Hayes , Twilight of the Elites: America After Meritocracy


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Christopher L. Hayes quote : In 2007, according to the IRS, the richest four hundred taxpayers had an average income of more than ten thousand times the average income of the bottom 90 percent of taxpayers. Hedge fund billionaire John Paulson made $2.4 million per hour in the year 2010. That’s as much as a worker making $50,000 a year would make over the course of her entire forty-seven-year working career.10