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Thomas Pikety Criticism

Will the Rich Always Get Richer?

Laurence J. Kotlikoff | Posted 07.19.2014 | Business
Laurence J. Kotlikoff

Extreme private wealth inequality is a fact of economic life in most countries. The U.S. is a prime example. The top 1 percent of wealth holders own almost 40 percent of all wealth. And the top 10 percent hold almost 90 percent. What should we make of this?

Government = Protection Racket for the 1 Percent

Bill Moyers | Posted 06.22.2014 | Politics
Bill Moyers

And at state and local levels, while the poorest fifth of Americans pay an average tax rate of over 11 percent, the richest one percent of the country pay -- are you ready for this? -- half that rate.