Blacks Affected by Income Inequality at Record High

Top 1 percent of earners collect 19.3 percent of income.

A House Divided - Americans tend to live in neighborhoods with people of similar economic status, a trend that has increased over the past 30 years, according to a Pew Center study released Aug. 2. Twenty-eight percent of lower-income households in 2010 were found in neighborhoods where at least half the residents were also lower income, up from 23 percent in 1980, while 18 percent of upper-income households were located in neighborhoods of the same income bracket, up from 9 percent in 1980. (Photos from left: REUTERS/Lee Celano, Frank Casimiro/Getty Images)

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Income Inequality - The U.S. income inequality rate has been growing for the past three decades. A new report indicates that the income inequality rate hit a record high in 2012 with the top 1 percent of U.S. earners taking home 19.3 percent of the household income. With the line between the rich and the poor steadily widening, what does this mean for African-Americans? – Dominique Zonyéé  (Photos from left: REUTERS/Lee Celano, Frank Casimiro/Getty Images)

Research the Company Before You Invest - You'll want to fully understand the company's business and its products or services before investing. Before buying any stock, check out the company's financial statements on the SEC's website, or contact your state securities regulator. All but the smallest public companies have to file financial statements with the SEC. Don’t use unsolicited e-mails, message board postings and company news releases as the sole basis for your investment decisions.  (Photo: moodboard/Getty Images)

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Who Are the 1 Percent? - The 1 percent who make up the top household income U.S. earners are executives and entrepreneurs, according to the study. They are classified as the “working rich,” with an annual pretax income above $394,000 last year. (Photo: moodboard/Getty Images)

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Blacks in the 1 Percent - African-Americans make up 13.6 percent of the U.S. population, but account for 1.4 percent of the top 1 percent of households by income. Whites are the overwhelming majority of the top 1 percent of households by income, comprising 96.2 percent. (Photo: Hal Bergman/Getty Images)

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Being at the Top Does Not Mean You Are on Top - Top-earning Black households had a median income of $823,000 in 2011. A whopping 22 percent less than whites and considerably less when compared to Latinos. (Photo: Ariel Skelley/Getty Images)

Money Matters - They’re at the top of their game and the top of Forbes magazine’s most recent rankings of the 10 highest-earning NBA players. While last year’s lockout and shortened NBA season ate in to players’ paychecks, the following 10 ballers still managed to rake in the dough in terms of total earnings (salary, plus endorsements) this past season.—Britt Middleton (Photo: Mark Scott/Getty Images)

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The Rich Get Richer - In the last three years, 95 percent of all income gains have gone to the richest 1 percent. (Photo: Mark Scott/Getty Images)

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1 Percent Suffers, But at What Cost? - The richest Americans were hit hardest by the 2009 financial crisis, according to the report. Incomes among the richest 1 percent fell more than 36 percent between 2007-09, compared with a decrease of 11.6 percent for the rest of nation. (Photo: Ron Chapple/Getty Images)

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1 Percent Suffers, But at What Cost? - The richest Americans were hit hardest by the 2009 financial crisis, according to the report. Incomes among the richest 1 percent fell more than 36 percent between 2007-09, compared with a decrease of 11.6 percent for the rest of nation. (Photo: Ron Chapple/Getty Images)

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Where Do African-Americans Stand? - Twenty-seven percent of African-Americans are living in poverty, according to a 2010 Census report. Where there is poverty, there is unemployment. The jobless rate was at 13 percent among Blacks in August 2013, a rate that is nearly twice the 6.6 percent rate for white Americans. (Photo: Joe Raedle/Getty Images)

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