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The Flacks for Plutocrats Need a New Analogy

A rising tide lifts all boats. A growing economic pie means bigger slices for everybody. Wealth that flows to the top will always trickle down. Cheerleaders for wealth’s concentration have over the years invoked a variety of images to justify the ever larger fortunes...

400 Reasons Our Lives Feel Squeezed

We don’t know who exactly filed the tax returns with America’s 400 largest incomes in 2010. The IRS won’t reveal any of these 400 individually by name. But a just-released new IRS annual report on America’s highest incomes has revealed just about everything else about...

Uncle Sam Needs Some Better Nephews

Average Americans have a choice at tax time. They can pay their taxes or risk going to jail for tax evasion. America’s corporate CEOs have a different set of tax-time choices. These CEOs can have the corporations they run pay Uncle Sam or they can have their...

Some ‘Old’ News for a Newly Elected Congress

How much income do America’s households take in? How much do they have left after taxes? Do federal taxes leave the nation less or more unequal? Questions don’t get much more basic than these. Or more complicated either. How, for instance, do we define income?...

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