Tag Archive for money

Follow the Money

As Lester Freamon from “The Wire” says

You follow drugs, you get drug addicts and drug dealers. But you start to follow the money, and you don’t know where the fuck it’s gonna take you.

The State of Working America has created an interactive chart that allows one to see how growth in average income was shared between the richest 10% and the other 90% of Americans. It’s a very cool tool and here is a chart that I created that should explain pretty quickly why there must be higher taxes on the rich.

Since 1977 100% of income growth in the US has gone to he richest 10% of Americans. (Click to enlarge)

Since 1977 100% of income growth in the US has gone to he richest 10% of Americans. (Click to enlarge)

For extra credit make charts that use historical tax rates to see what lower taxes on the rich has done for the other 90%.

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Song of the Week- Homeboy Sandman “Not Really”

Homeboy Sandman is starting to be the appreciated under-appreciated MC. But is this fame and fortune changing our grounded homie? Not really.

“Clear channel Fm can kiss my ass cheek/ I said that last year, I said that last week.”

 

 

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