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View Diary: Witnessing the death of the Republican Party (63 comments)

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  •  American wealth imbalance is at an all-time high (1+ / 0-)

    Translation: The rich have never been richer in this country.

    Do "the rich" have $1T? No they have far more than that. The 400 richest people (not families - people) in America were worth about $1,270,000,000,000 according to a 2010 study.

    The problem is not so much with the income tax rates but the real meat is in the capital gains and inheritance taxes.

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