The article does point out that tax increases coming out of the fiscal-cliff deal will affect all workers—because of the end of the payroll tax holiday—not just those whose taxes on wage income and investments are going up. But the graphic sticks with the six-figure folks, all drawn to look rather put upon.
If you ask socially dominant students at any major university
in the U.S., they will know a story about a young woman who has been rated for
her various "abilities" by members of a sporting team on campus. The ratings usually function semiprivately and circulate
among the men. Meanwhile, a different little scandal is brewing here at
Duke, over another set of numbers that also usually circulate semiprivately
This past May, India’s population crossed the one billion mark, according to the country’s registrar general and census commissioner. The billionth citizen of this ancient land entered a country with 40 political parties and 24 official languages, each spoken by more than a million people.
A rising economic tide lifts everybody’s financial boat. Well, almost everybody’s. Thanks to the country’s unprecedented economic expansion, the great majority of Americans are better off financially than they were several years ago. Not only are the rich getting richer, but the middle classes too have seen a surge in income and wealth. The economic boom has even helped low-income families.
Russia has climbed to No. 3 in the world in its number of billionaires, but a Moscow meeting of religious leaders, academics and public officials said the gap between rich and poor threatens the unity of the world’s biggest country.