Log in

No account? Create an account
the only earth?

this just in

maybe someday I'll be creative and link to something not in salon, slate or the new york times, but for now,

late breaking news: U.S. Income Gap Widening.

Read it. There will be a quiz.


i wonder what's happening to the middle/upper middle class?
they're busy being tokens of the top 1%'s agenda.
I told you that there would be a quiz!

The middle fifth had an average after-tax income of $41,900 in 2000, a rise of 15 percent both since 1979 and 1997, indicating a long period of no real economic gains for this group.

. . .

From 1979 to 2000, the total federal tax burden for the top 1 percent dropped 3.8 percentage points, but for the middle fifth the decline was only 1.9 percentage points. Tax rates for the poorest fifth declined 1.6 percentage points.