Chart of the day.

Via Susie Madrak...

I've always figured...

...that "trickle down" is just a euphemism for "pissed on." This is as good an explanation of why that is as I've seen...



Hat tip to Gordon.

Chart of the day.

Via AFL-CIO Corporate Watch...

A head full of ideas that are driving me insane...

H/T GraphJam.

Chart of the day.

Via AFL-CIO Now...

Chart of the day.

Via Laura Conway…

Occupy freeways.

Hat tip to none other than the Freeway Blogger, natch.

Map of the day.

Hat tip to Juan Cole, who adds...

Just to be clear, the 1% are about 3 million, the 9% are about 27 million, and everyone else crowded into that little torrid strip is about 278 million.

Chart of the day.

CBO data, via MaddowBlog...

Just in case...

...you're still wondering where the money went, via Connect The Dots USA...

(It clicks a bunch bigger.)

Chart of the day.

Via Laura Clawson ...



It's become plainly, and painfully, obvious where the money went. The challenge is to get some of it back. The Buffett Rule seems like a good, if modest, place to start.

Chart of the day.

Via Maddowblog...

Chart of the day.

Via Artistdogboy…

From the "Not exactly news" file.

Liars lie.

Sleet? Snow? Dark of night? Trifles. Money, on the other hand...

They're crazy.

All things being equal, things aren't...

It's one of those days…

…that seems to offer more good questions than good answers. Susie Madrak, with another of the former...

You all keep talking about "shared sacrifice" and "belt-tightening" when there's an 16% or so effective unemployment rate, wages are continuing their 30-year decline, jobs are non-existent and millions have lost their homes. For far too many of us, if we tighten our belts any more, we'll break our backs!

Meanwhile, Wall Street is doing better than ever.

In what universe is this "shared" sacrifice?

I dunno. Which universe did Kafka write about?

My money comes and goes…

…and rolls and goes and flows
Through the holes in the pockets of my clothes…

Wonder where it ends up?

New data released by the IRS reveals that, over a period of 12 years, tax rates for the richest 400 Americans were effectively cut in half. In 1995, the richest 400 Americans paid, on average, 29.93% of their income in federal taxes. In 2007, the last year for which the IRS has released data, the richest 400 Americans paid just 16.63%.

In 1995, just 12 of the 400 richest Americans paid an effective tax rat of between zero and 15%. By 2007, that number skyrocketed to over 150. The massive reduction is due to both Bush-era tax reductions for the wealthy and the aggressive exploitation of tax dodges and shelters.

Damn right it's a class war, and "don't retreat, reload" is starting to sound like good, if still figurative, advice.

If you're still wondering...

...where the money went, here's another hint, via Mary at The Left Coaster...

From the "Wonder where the money went?" file.

Another clue from the New York Times…

The final figures show that the median pay for top executives at 200 big companies last year was $10.8 million. That works out to a 23 percent gain from 2009.

These are the people who can't handle a tax hike?

Chart of the day.

By now I suppose you're getting a pretty good idea of where the money went...

Chart of the day.

In case you're still wondering where the money went...




H/T AFL-CIO Now.