Michael Linden and Heather Boushey from the Center for American Progress take a close look at the recently released census data, and find income inequality increasing through the recession:
Recently released Census data confirm that the wealthy are back on track after suffering only minor setbacks. Incomes
Pop quiz. Say you make a steady $250,001, every year. How many dollars of additional income tax will you pay if the Obama administration’s tax plan goes through? A thousand dollars? A few thousand? Nope. Three cents.
Daniel Gross at Slate checks in with a timely piece reminding us that people earn $250,000 or so a year are, in fact, rich. Gross feels the need to explain this because of the backlash over Democratic presidential nominee Barack Obama’s tax plan, which calls for scaling back tax More…
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