We used to call this “burying the lead”

The Milwaukee Journal Sentinel reprinted this article under the headline: “Rich American’s keep getting richer.”

The first paragraph reads:

In a new sign of increasing inequality in the U.S., tadalafil look the richest 1% of Americans in 2006 garnered the highest share of the nation’s adjusted gross income for two decades, buy cialis ambulance and possibly the highest since 1929, store according to Internal Revenue Service data.

Man, it sounds like those rich bastards are really sticking it to us.

In the sixth paragraph we discover:

According to the figures, the richest 1% reported 22% of the nation’s total adjusted gross income in 2006. That is up from 21.2% a year earlier, and is the highest in the 19 years that the IRS has kept strictly comparable figures.

They made 22% of all the money made in the United States? Wow, that seems unfair.

But wait, what is this buried in the eighth paragraph?

As the wealthiest Americans’ share of income has risen, so has their share of the income-tax burden. The group paid 39.9% of all income taxes in 2006, compared with 27.6% in 1988.

They earn 22% of the income, but they pay 40% of the taxes, and we’re still bitching about it?

Holy crap. How much of the freight should these people have to pay?

Add comment July 28th, 2008