Business Insider: CHARTS: Here's What The Wall Street Protesters Are So Angry About...
So, what are the protesters so upset about, really? Do they have legitimate gripes? To answer the latter question first, yes, they have very legitimate gripes.
ThinkProgress: CEO Bonuses Rose By Nearly 20% In 2010, While Average Worker Saw Income Stagnate
As most American families continue to struggle with high unemployment and stagnant wages, CEOs at the country’s 350 biggest companies saw their pay jump 11% last year to a median of $9.3 million, according to a study conducted for the Wall Street Journal.
EPI: Taxes on the wealthy have gone down dramatically
With Tax Day fast approaching and deficit reduction all the rage, one fact deserves significant attention: the wealthy are enjoying some of the lowest taxes in generations. The Figure shows the average tax rate in 1979, 1992, and 2007, as well as the tax rate for the top 1% of households, and the top 400 households (who have an average annual income of nearly $350 million). Since 1979, the country’s overall average tax rate—the share of income paid in taxes—has fallen slightly, but for those at the top of the earnings ladder this share has fallen dramatically.