Top 1% are getting richer

NEW YORK (CNNMoney) -- From 1979 to 2007, average household income for the nation's top 1% nearly tripled, while middle-class incomes grew by less than 40%, according to a new report from a research arm of Congress.

While those at the top have seen their incomes soar over the past three decades, middle-class and lower incomes have stagnated, the report by the Congressional Budget Office (CBO) found.

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