INCOME INEQUALITY IS A PROBLEM IN NEW MEXICO. THE ALBUQUERQUE JOURNAL REPORTS THE CENTER ON BUDGET AND POLICY PRIORITIES RANKS THIS STATE 12TH IN THE NATION … AND CONSIDERS IT AMONG THE WORST IN THE U-S.
ACCORDING TO THE GROUP’S LATEST REPORT, 5 PERCENT OF NEW MEXICO’S RICHEST HOUSEHOLDS EARN 19 PERCENT OF THE STATE’S INCOME … AND THAT’S EXCLUDING CAPITAL GAINS. THE INCOMES OF THE 5 PERCENT ARE ALSO FIVE TIMES LARGER, ON AVERAGE, THAN THE MIDDLE 20 PERCENT OF HOUSEHOLDS … AND 15 TIMES BIGGER THAN THE BOTTOM 20 PERCENT.
