The ineo es of the nation's
wealthiest citizen have in
creased so much in recent years
th t the riche t 2.S million
Ameri will h ve nearly
much after-tax income in 1990
as the 100 million Americans
with the 10 est income, a
report i ued recent., by the
Center on Budget Policy
Prio . . -d.
S ed aDOther way, the gap
between the very rich and other
Americans become so great
the top 0 e percent of the
population this year will have at
much income after taxes
as the bottom 40 percent. At the
same time, t share of the na
tioaal income goiag to middle
income . fallen to
the level· the e of
WorldWarD.
Based largely 0 Congres-
·onal Budget Office d a, the
Center report said that one
r for· tread i the large
incr in capital gains in-
co receMd by very wealthy
ho .
Bet eea 1980 and 1990,
botlSCllOkls in the top one per
cent of the population will
r� an Yerage increase. of
more than $90,000 in capital
gains iDcome, after djusting for
inflatio
Those in the bottom 90 per
ee of the population, 0 t .
other had, ill receive an
ave e increase in capital gains
Contln ed 0 Pa e 11
,
compeny's .bad fai h
inlng team PUSH'
H began negotiation
ike in late July demanding
eci procal economic
relationship between 1 e and
the African American and
minority community," said
PUSH Director Rev. Tyrone
Crider at a press confere ce,
here August 10.
A negoti ting s io h d
been scheduled for Ni e
\ -
he dquarter in Beaverton,
Oregon in Aug 1, hen Crider
s . d be w • caugh off guard"
by . stateme released·
to the by i e pior to the
cheduled meeting.
N·ke ccu ed PUSH of
hav.ng received financial
con ibution from Recook, a
Ni competitor, and of
ping to ee confide al
information on Nike for he
sped IC pu of providing
tha i ormati n to Reebo . �
P SH, who has negotiai d
reci� agreements with s,!ch
corpceanons . Coca-cola, Ford
Moto Company, Burger King,
_ and Anheuser-Busch, said
reQ1at f r dat is common. in
s�otiations. :
H had asked ike for the
n of African Am ricansior
other . n rities on i B • f
Dire�tors; how much Ni' e
� with BI ck ownedmeOia;
and much money it deposits
in Af.J Am rican . _!
Crider s id Nike either
ref to answer the questi
or ered "none."
Re _ J ckson, re ched in
WashiDgton, D.C., endorsed the
boycott announced August 11 at
the regular PIBH meeting. The
boyco t came, Jac son aid,
because Nike accused PUSH of
taking ReeOO money." Ni e
broke neg . ations and chose
conf - on. Nike
Cpntlnued