For two economists, the Buffett Rule is just the start, Annie Lowrey, New York Times, April 17, 2012. Two award-winning economists call for tax rates on the wealthy to rise to 50%, 70% or even 90% (with positive, not negative, effects on the economy).
A U.S. recovery, but only for the 1%, Chrystia Freeman, New York Times, April 8, 2012. In 2010, 93% of the gains in income were captured by the top 1%.
Hedge fund managers fare well, Julie Creswell and Azam Ahmed, New York Times, March 30, 2012. Top 25 hedge fund managers took home a combined $14.4 billion last year.
The case for raising top tax rates, Eduardo Porter, New York Times, March 28, 2012. Debunks the myth that low taxes on high earners are good for the economy.
Education gap grows between rich and poor, studies say, Sabrina Tavernise, New York Times, February 10, 2012. The achievement gap between white and black students has narrowed significantly while the gap in test scores between affluent and low-income students has widened markedly and is now double the testing gap between blacks and whites.
Growing Inequality in Income, Wealth, and Life Expectancy [pdf 552 KB], a set of charts compiled by Edith Rasell, JWM's Minister for Economic Justice.
Sabrina Tavernise, Middle-Class Areas Shrink as Income Gap Grows, New York Times, November 15, 2011.
Eduardo Porter, "Wall Street protesters hit the bull's-eye," New York Times, October 30, 2011.
Nicholas D. Kristof, "America's primal screem," New York Times, October 16, 2011. Inequality's impact on the U.S.
Peter Whoriskey, "With executive pay, rich pull away from rest of America," Washington Post, June 18, 2011.
Sabrina Tavernise, "Recession study finds Hispanics hit the hardest," New York Times, July 26, 2011. Census Bureau finds wealth of Hispanic households fell by 66% between 2005-09, largest drop of any racial/ethnic group. African Americans' wealth dropped 53% but wealth fell just 16% among whites.
Peter Whoriskey, "Wealth gap widens between whites, minorities, report says," Washington Post, July 26, 2011.
Interactive graphic from the Washington Post showing changes in national income over the past 100 years
More charts illustrating the increase in inequality from Business Inside.