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Getting Past Philanthropic Foolery

The good folks at the Indiana University Center on Philanthropy would like us to know that we can gain “new insights” aplenty from the just-published second edition of their ongoing landmark research on the charitable giving of America’s rich. The...

Down But Not Out at $464 Million a Year

Not everyone in the international hedge fund industry is making millions. Not everyone in the hedge fund industry right now even has a job. Amid the worst global economic meltdown since the Great Depression, hedge funds are hemorrhaging positions. An estimated 20,000...

Incendiary Data in a Plain Paper Journal

Of all the people in the United States, 99.99 percent have never perused the pages of the Statistics of Income Bulletin, a research journal the IRS publishes four times a year. For the power suits on Wall Street, that’s a good thing. If more Americans ever really...

Is Congress Finally Ready To Seriously Tax the Rich?

How much has the uproar over the bonuses at AIG impacted America’s political discourse? This much: We now have elected leaders on Capitol Hill, for the first time since World War II, openly talking about slapping a 100 percent top tax rate on the income...

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