If you draw a trend line for the top 1 percent, we see during economic crashes their income returns to that line. This suggest the top 1 percent's income is in another ginormous bubble.
Horse shit!! In the 1940's, 1950's a corporate executive earned about 12-15 times what a plumber or electrician earned. By the 1970's that had grown to 100 times as much. In 2012 a typical CEO made over 500 times what the average worker earned.
As far as the chart. Look closely at the top 1% line at the end of Clinton's two terms just before George W. Bush cut taxes for the wealthy not once but twice, 2001 and 2003. If he had been paying attention to the CIA and FBI 9/11 might have been avoided but Oh No......more money for his rich Buds was much more important.
I notice several of the Republican candidates are already harping on a flat tax.....Grover Norquist will come on himself if they can get that. They can fire all their tax accountants if they can get it set up that way. The rich people used to pay their way in America but they haven't in a long time....specifically, since Reagan's first years....or as I like to call it......the end of my 30 years as a Republican. I'm 80 years old and I used to hang yard sign in local elections and make phone calls for any Republican. I voted for Eisenhower, Goldwater, Nixon three times and even the spoiler one time. Following Reagan I didn't even show up at the polls for twenty years. Now....I've voted Democrat in a national election three times but of one thing I'm sure.....I'll not vote Republican again if I live to 100.