Lowry at first decries the finger-pointing: It is getting ugly. Not just in New Orleans, but in the debate over it. Take our poisonous partisan divide, add the finger-pointing that…

From CNN/Money: NEW YORK (Reuters) – Wealthy Americans are becoming increasingly worried about the country’s economic outlook, and their reluctance to spend and invest is hurting growth, according to a…

…It is that fundamental. What if we go to the next step: Taxes. I keep hearing how the rich are carrying the tax load. I’m sure this is also on…

Jon Perr at Crooks and Liars does a nice review on defining who benefits the most from tax breaks: CBO Study Shows Tax Breaks Favor the Rich “Every year, tax…

…on the rich if inequality gets worse. He seems content with the current level of inequality. He says that economics is not an exact science. We cannot know the future…

by Linda Beale Carried Interest — a tax privilege for the rich whose end time has come I should have written about this long ago, but a recent “dealbook” by…

…“the rich pay,” or even if you succeed for awhile, those rich will not rest until they have destroyed Social Security entirely… leaving you to take your chances with the…

…and demand that “the rich” pay for your retirement. The rich won’t do that. And if they did, first they’d get the money back by raising prices and cutting your…

…JKH over at Interfluidity, where I had emphasized that rich households own the banks. (The top 20% actual own more like 85% of corporate equity.) While the 20% certainly have…

…7.66:1, the highest of all rich countries by a long shot. The tables below illustrate this. First, I will present the 29 countries with median wealth per adult over $40,000…