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Income Disparities are on the Rise
Since President George W. Bush took office in January 2001 the income disparities between the richest and the poorest have increased. For the first time, everyone on the 2006 Forbes 400 list is was a billionaire. The 2005 Forbes 400 list contained 374 billionaires, with a combined net worth of $1.13 trillion. No new editions were added to the 2005 list. Steve Forbes, Forbes magazine publisher, did not make the list because his net worth is only $400 million.
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