Duncan Wallace

WHY IT MATTERS: Income inequality

FILE - In this May 4, 2016, file photo, Duncan Wallace drives a golf cart from his house to his golf club as a group of landscape workers take a break in Vista, Calif. Income inequality has surged near levels last seen before the Great Depression. The average income for the top 1 percent of households climbed 7.7 percent last year to $1.36 million, according to tax data. That privileged sliver of the population saw pay climb at almost twice the rate of income growth for the other 99 percent, whose pay averaged a humble $48,768. (AP Photo/Gregory Bull, File)WASHINGTON (AP) — THE ISSUE: The rich keep getting richer while more Americans are getting left behind financially.

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