Rising Pre- and Post-Tax Inequality "not a very interesting story"

I, however, beg to differ with White House spokesmodel spokesman Tony "Unsurprised" Fratto. According to newly published IRS data, individuals making more than $1 million per year - less than a quarter of 1% of the population - captured 47% of the increase(!) in national income from 2000-2005. And, based on an analysis by Citizens for Tax Justice, that same sliver of taxpayers received 62% of the benefits from Bush's capital gains cuts. Fratto responded to the data by saying that it "is not a very interesting story." His response also included this bizarre bit of incomprehensible gibberish: "There is no question that you will always have distributional concerns with a tax rate, a broad-based tax rate, at the very top of the income scale." Photo by Flickr user karynsig used under a Creative Commons license
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