pewresearch:

Our April 2012 survey found that Americans agreed by a 76% to 23% margin with the statement that “today it’s really true that the rich just get richer while the poor get poorer.” 

BUT WHY CAN’T WE ALL BE IN THE ONE PERCENT?!
I am disappointed in my fellow Americans’ lack of aspiration.

pewresearch:

Our April 2012 survey found that Americans agreed by a 76% to 23% margin with the statement that “today it’s really true that the rich just get richer while the poor get poorer.” 

BUT WHY CAN’T WE ALL BE IN THE ONE PERCENT?!

I am disappointed in my fellow Americans’ lack of aspiration.

Income inequality exacerbates wealth inequality and it is much worse than most people realize. 

Income inequality exacerbates wealth inequality and it is much worse than most people realize. 

secretrepublic:

Wealth Inequality in America

sunfoundation:


Putting Romney’s tax returns in presidential context

The controversy over what’s hiding in Mitt Romney’s unreleased tax returns continues.  But even without the missing filings, putting his 2010 and 2011 tax numbers in context is strikingly informative. It dramatically shows what an outlier Romney is on a few basic tax and income dimensions.





An outlier and not in a flattering way. Think of all the loopholes his tax accountants have exploited to make sure he held onto that income. You can say he didn’t pay his fair share of taxes but Romney can say that it was all legal, even the offshore accounts.

sunfoundation:

Putting Romney’s tax returns in presidential context

The controversy over what’s hiding in Mitt Romney’s unreleased tax returns continues.  But even without the missing filings, putting his 2010 and 2011 tax numbers in context is strikingly informative. It dramatically shows what an outlier Romney is on a few basic tax and income dimensions.

An outlier and not in a flattering way. Think of all the loopholes his tax accountants have exploited to make sure he held onto that income. You can say he didn’t pay his fair share of taxes but Romney can say that it was all legal, even the offshore accounts.

(via kiplinger)

motherjones:

thesmilingfish:

“Out of Balance” (from Mother Jones)

As seen on Maddow! (Also there’s like a zillion* more charts where that came from.)
*We rounded up.

motherjones:

thesmilingfish:

“Out of Balance” (from Mother Jones)

As seen on Maddow! (Also there’s like a zillion* more charts where that came from.)

*We rounded up.

A couple of depressing graphs from the June 2012 Federal Reserve Bulletin.via Kiplinger.

A couple of depressing graphs from the June 2012 Federal Reserve Bulletin.
via Kiplinger.

liberalsarecool:

Republican compassion: The rich have too little, the poor have too much.

liberalsarecool:

Republican compassion: The rich have too little, the poor have too much.

(via stfuhatemongers)