DENSE FOG ADVISORY

Until 11 AM

The National Weather Service in Grand Rapids issues a DENSE FOG ADVISORY until 11 AM for nearly every county in West Michigan save for our Indiana bordering counties of Berrien, Cass, St. Joe, and Branch.  It doesn't mean it won't be foggy there!  The combination of yesterday evening's rainfall, light winds while you were sleeping, and our unusually cool airmass is a near perfect recipe for visibilities under a mile and perhaps as low as 1/4 mile.  This is enough to change how you drive.  Please keep it safe this morning, and slow it down if you can.  Stay with wwmt.com for your weather!
 

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The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

Top 1 percent took record share of 2012 US income

WASHINGTON (AP) - The pay gap between the richest 1 percent and the rest of America widened to a record last year.

The top 1 percent of earners collected 19.3 percent of household income in 2012, their largest share in Internal Revenue Service figures going back a century.

U.S. income inequality has been growing for almost three decades. But until last year, the top 1 percent's share of pre-tax income hadn't surpassed the 18.7 percent it reached in 1927, according to an analysis of IRS figures dating to 1913 by economist Emmanuel Saez of the University of California, Berkeley, and three colleagues.

Saez wrote that 2012 incomes of the richest Americans might have surged in part because they cashed in stock holdings to avoid higher capital gains taxes that took effect in January.