Tuesday, May 10, 2011
All that wealth floating to the top while the rest of us starve is no mystery. From the Economist Obama and his Cronies Have Repeatedly Refused to Listen to, Joseph Stiglitz in the recent Vanity Fair:
"But one big part of the reason we have so much inequality is that the top 1 percent want it that way. The most obvious example involves tax policy. Lowering tax rates on capital gains, which is how the rich receive a large portion of their income, has given the wealthiest Americans close to a free ride. "
Pass this along to any whiny white boys you know who complain about taxes.