Opinion Columns & Blogs

Most income growth going to wealthiest Kansans

The bad news is that three-quarters of the income growth in Kansas after the Great Recession went to the wealthiest 1 percent of residents, according to data from the Economic Policy Institute, a left-leaning economic think tank. The slightly better news is that it could have been worse, as Kansas ranked 26th in the nation on the amount of income going to the wealthiest households, the Topeka Capital-Journal reported. From 2009 to 2012, the most recent data available, incomes for the top-earning households in Kansas rose 37.5 percent, while the incomes for the remaining 99 percent of households rose about 2.2 percent, not counting transfer payments such as food stamps. Meanwhile, inflation increased about 7 percent from 2009 to 2012, meaning that many Kansans lost purchasing power. – Phillip Brownlee