Wall Street

Adam Taggart
By Adam Taggart on Tue, Mar 17, 2015 - 12:16pm

Wall St Bonus Pool Dwarfs All Minimum Wage Earnings

A sign of the extremes of income inequality within the US. The New York State Comptroller recently revealed that this year's Wall Street bonus pool of $28 billion, paid to 167,800 employees, is nearly 2x larger than the total income earned by the 1.03 million full-time workers paid the federal minimum wage (estimated at $14-15 billion).