Illinois once was considered a state in which the middle-class ruled, with wealth disparity relatively limited compared to other states. But that has significantly changed in the past two decades, according to a new report released this morning by a Washington think tank.
Illinois now has the ninth-greatest income inequality of the 50 states between the top and bottom fifths of its population, the Center on Budget and Policy Priorities says, based on its review of U.S. Census data. And the gap between the top fifth and the middle fifth is almost as wide, with Illinois ranking 12th.
What's remarkable is how much that has changed since the late 1970s. ...More HERE