The rich get richer | Arkansas Blog

Wednesday, July 23, 2008

The rich get richer

Posted By on Wed, Jul 23, 2008 at 12:43 PM

Shut up you whiners. The good times are rolling, just like Phil Gramm says, though you have to be in a fairly select group to notice it.

Wall Street Journal reports that the top 1 percent of Americans in income are pulling down the biggest share of the GDP in decades, perhaps the most since 1929. And not to worry that the government won't let them enjoy it. Their average tax rate fell to the lowest in 18 years.

Clearly, we must extend their tax breaks, lest they become whiners, too.


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