A Trumped-Up War on Welfare

A Trumped-Up War on Welfare

You’re the top 1 percent. You pocket one out of every five dollars of the nation’s income — more than double your slice of that pie in 1976. You want even more, but the masses are catching on. What do you do? You get your minions to attack the bottom 1...
Grabbing Bigger Slices of Pie

Grabbing Bigger Slices of Pie

What happens when nations cut taxes for their richest citizens? Economists Thomas Piketty and Emmanuel Saez, two of the world’s most respected authorities on the incomes of rich people, have a straightforward answer: In nations that slash tax rates on high...
Marching Toward Greater Inequality

Marching Toward Greater Inequality

Are America’s rich getting richer? Certainly. Every official yardstick shows that America’s most affluent are upping their incomes much faster than everyone else. How fast? Between 1980 and 2010, note economists Emmanuel Saez and Thomas Piketty, incomes...