I came on a set of graphics in Mother Jones, “It’s the Inequality, Stupid: Eleven charts that explain what’s wrong with America” that illustrate what you probably already know. But, a simple refresher course in some of the reasons why the rich are rich. The 99% already have this base covered.
Here are some of the charts I liked. Read the whole article at the Mother Jones website.
Income (constant dollars)
Note that if median family income had simply kept up with inflation over this period it would have grown to $92,000 instead of $50,000.
Are Corporations Over Taxed?
Mother Jones does not make it clear that the Payroll Tax is also a tax on individuals. To add insult to injury the Payroll Tax is not levied beyond the first %106,800 of income.
How Are The Richest of the Rich Doing?
