According to a new report jointly issued by the Center on Budget
and Policy Priorities and the Economic Policy Institute, Illinois
experienced some of the worst gains in income
inequality over a 10-year period between the late 1990s and the
mid-2000s.
The report, titled Pulling Apart: A State-by-State Analysis of Income Trends, which examines income inequality at the state level, was released Wednesday evening.
“We
found that Illinois ranked ninth out of ten in terms of the level of
inequality, and also that inequality grew faster in that state over the
last decade than in other states because the bottom declined
significantly,” report co-author Elizabeth McNichol, a senior fellow at
the Center, said in a conference call.
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