Annie Lowrey at the Washington Independent points us to a report on income inequality from the Senate’s Joint Economic Committee. She highlights several graphs and conclusions that show the remarkable way that the wealthy have become even more so over the past decade, while middle class and working incomes have stagnated or declined. The charts are interesting in part because they break out income and tax rates according to the various modern-day Presidential administrations. Here is one example: Even under Clinton you can see that the wealthy increased their share of total income. And in fact, Lowrey notes that according … Continue reading →