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	<title>Matthew Yglesias &#187; gilded age</title>
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		<title>The Rich Get Richer</title>
		<link>http://yglesias.thinkprogress.org/archives/2008/08/the_rich_get_richer.php</link>
		<comments>http://yglesias.thinkprogress.org/archives/2008/08/the_rich_get_richer.php#comments</comments>
		<pubDate>Wed, 13 Aug 2008 21:31:46 +0000</pubDate>
		<dc:creator>myglesias</dc:creator>
				<category><![CDATA[uncat]]></category>
		<category><![CDATA[Bartels]]></category>
		<category><![CDATA[CBPP]]></category>
		<category><![CDATA[gilded age]]></category>
		<category><![CDATA[Inequality]]></category>
		<category><![CDATA[pre-tax]]></category>

		<guid isPermaLink="false">http://yglesias.thinkprogress.org/archives/2008/08/the_rich_get_richer.php</guid>
		<description><![CDATA[New Center on Budget and Policy Priorities analysis by Chye-Ching Huang and Chad Stone shows that the pre-tax share of income going to the top one percent of the income distribution has reached its highest levels since 1928:

Naturally, conservatives think the best way to respond to this would be by reducing the tax burden on [...]]]></description>
			<content:encoded><![CDATA[<p>New Center on Budget and Policy Priorities <a href="http://www.cbpp.org/3-27-08tax2.htm">analysis</a> by Chye-Ching Huang and Chad Stone shows that the pre-tax share of income going to the top one percent of the income distribution has reached its highest levels since 1928:</p>
<p><center><a href='http://yglesias.thinkprogress.org/wp-content/uploads/2008/08/3_27_08tax2_f1.jpg' title='Inequality'><img src='http://yglesias.thinkprogress.org/wp-content/uploads/2008/08/3_27_08tax2_f1.jpg' alt='Inequality' /></a></center></p>
<p>Naturally, conservatives think the best way to respond to this would be by reducing the tax burden on the long-suffering super-rich. Recently I&#8217;ve been reading Larry Bartels&#8217; recent book on <a href="http://www.amazon.com/gp/redirect.html?ie=UTF8&#038;location=http%3A%2F%2Fwww.amazon.com%2FUnequal-Democracy-Political-Economy-Foundation%2Fdp%2F0691136637%3Fie%3DUTF8%26s%3Dbooks%26qid%3D1218662899%26sr%3D1-1&#038;tag=matthygles-20&#038;linkCode=ur2&#038;camp=1789&#038;creative=9325">the political economy of the new gilded age</a> in which he argues pretty convincingly that partisan politics has a bigger impact on the pre-tax distribution than many people are inclined to think. </p>
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