Wednesday, July 23, 2008

Scorecard: The Rich Get Richer

According to IRS data, the richest 1% of Americans in 2006 garnered the highest share of the nation's adjusted gross income for two decades and possibly the highest since 1929. Meanwhile, the average tax rate of the wealthiest 1% fell to its lowest level in at least 18 years. Wackydoodle sez: "Pass that bottle this way, Mr Preznit"