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New York income inequality widens as top 1% captures 37% of income

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  • Mark Levine’s report found that New York City income inequality worsened from 2019 to 2024.
  • 60% of city income went to the top 10% in 2024, including 37% for the top 1%.
  • 2019-2024 saw real income fall for the bottom 90% while rising 16.2% for the top 1%.
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New York income inequality widens as top 1% captures 37% of income - CoinPost Terminal