Robert Frank writes at CNBC The Falling Fortunes of the One Percent, 7/20/12 Excerpt: Between 2007 and 2009, after-tax earnings by Americans in the top one percent for income fell 37 percent. On a pre-tax basis they fell 36 percent
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From the Wall Street Journal, ‘You Didn’t Build That’, 7/17/12: Speaking in Roanoke, Virginia, Mr. Obama delivered another paean to the virtues of higher taxes on the people he believes deserve to pay even more to the government. “There are
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From The Atlantic by Derek Thomson, The Most Important Graphs from 2011, 12/21/11 This graph shows how the richest 1% have take a larger share of the economy in the last 35 years: … or does it? This graph does
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Preaching that this is not class warfare generally precedes a volley in the self destructive attacks on the wealthy. It is like the shyster who precedes a dishonest act with “trust me.” There was some news of some of the
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