Richest 400 Took Record Share Of Capital Gains During Market Meltdown Year
- Wednesday, May 11, 2011, 23:25
- Market
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The 400 highest-income Americans reaped a stunning 13.1% of net capital gains reported to the Internal Revenue Service for 2008, a year which ended with the Dow Jones Industrial Average down 33.8%, the S&P 500 index down 38.5% and the NASDAQ composite off 40.5%.
http://blogs.forbes.com/janetnovack/2011/05/11/richest-400-took-record-share-of-capital-gains-during-market-meltdown-year/
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