Wednesday, July 23, 2008

Any Surprise Here?

According to the Progress Report, the latest Internal Revenue Service data indicates that "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."

Excuse me, but whose policies can we attribute this gross economic inequity to, and which party do we want to elect to give us four more years of this financial disenfranchisement?