| Jan 30, 2012 | Economy / BusinessAmerica is becoming “a country where a shrinking number of people do really well, while a growing number of Americans barely get by,” President Barack Obama declared during his State of the Union address. The numbers back him up. Executive compensation and...
| Jan 23, 2012 | Economy / BusinessTax systems that heavily tax the rich are asking for trouble — or so the politicians who cater to the 1 percent incessantly argue. The higher the tax rate on high incomes, their argument goes, the greater the incentive the rich have to waste time and energy figuring...
| Jan 16, 2012 | Economy / BusinessThe wealthiest Americans — and deep pockets everywhere else — are spending epic sums on artwork. Christie’s and Sotheby’s, the two big fine art auction houses, are reporting a 35-percent increase in the prices paid for Picassos and other blue-chippers over...
| | Economy / Business“USA: We’re No. 1!” Oh, wait — Iceland is No. 1. But we did beat out Poland and Slovakia, right? Uh…no. But go on down the rankings and there we are! No. 27, fifth from the bottom. So our new national chant is, “USA: At Least...
| Jan 9, 2012 | Economy / BusinessI’m a member of the 1 percent. I’ve watched my income tax rates fall over my lifetime, from a top rate of 91 percent under President Dwight Eisenhower to the current low rate of 35 percent. When taxes were higher, this nation built a vibrant middle-class...
