TV News LIES

Monday, Dec 22nd

Last update09:35:06 AM GMT

You are here News Economy The rich have never had it so good

The rich have never had it so good

E-mail Print PDF

According to government figures, 1-percenters' share of America's total income is the highest it's been since 1929, and their tax rates are the lowest they've faced in two decades. Through bonuses, many 1-percenters will profit from the $23 trillion in bailout largesse the Treasury Department now says could be headed to financial firms. And most of them benefit from IRS decisions to reduce millionaire audits and collect zero taxes from the majority of major corporations.

But what really makes the ultra-wealthy so fortunate, what truly separates this moment from a run-of-the-mill Gilded Age, is the unprecedented protection the 1-percenters have bought for themselves on the most pressing issues.

More...


Most Recent Related Stories...


US prices continued to rise despite Trump claims they are ‘rapidly’ falling

US prices riseUS prices rose 2.7% in the year to November, according to federal data released a day...

Court rules Trump administration violated First Amendment with out-of-office messages

afgeA federal judge ruled on Friday that the Trump administration violated the First Amendment by sending...

The U.S. added just 64,000 jobs in November — a sign the labor market is slowing

Job market slowingThe job market continues to show signs of cooling.U.S. employers added just 64,000 jobs in November,...

Thousands of Starbucks workers could be set to go on strike. Here's what to know.

Starbucks str6ikeThousands of Starbucks workers are gearing up to vote on whether to go on strike next...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!