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Published: 08/14/10

Growth May Still Leave 95% of Americans Behind

By  not in system - AOL News
Growth May Still Leave 95% of Americans Behind

Two generations ago, "two Americas" referred to the sharp divide between prospering Americans and those mired in poverty, stagnation and prejudice, a gulf addressed by Michael Harrington in his influential book, The Other America: Poverty in the United States. ...

Published: 02/20/10

The 'Fortunate 400' and Why They Need a Tax Haircut

By  Joann M. Weiner - Politics Daily
The 'Fortunate 400' and Why They Need a Tax Haircut

The IRS may have given President Obama's new bipartisan fiscal review commission fresh ammunition as the panel considers which taxes to increase to help close the $1.4 trillion deficit. According to tax authorities, the richest 400 taxpayers each received the equivalent of an $82 million bonus in 2007. These households had an average $345 million income, a 30 percent increase from the previous year, when they made $263 million. ...

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