futurejournalismproject:

Of Total Income Increase in 2010…
Steven Rattner, a Wall Street executive and New York Times Op-Ed contributor, writes:

In 2010, as the nation continued to recover from the recession, a dizzying 93 percent of the additional income created in the country that year, compared to 2009 — $288 billion — went to the top 1 percent of taxpayers, those with at least $352,000 in income. That delivered an average single-year pay increase of 11.6 percent to each of these households.
Still more astonishing was the extent to which the super rich got rich faster than the merely rich. In 2010, 37 percent of these additional earnings went to just the top 0.01 percent, a teaspoon-size collection of about 15,000 households with average incomes of $23.8 million. These fortunate few saw their incomes rise by 21.5 percent.
The bottom 99 percent received a microscopic $80 increase in pay per person in 2010, after adjusting for inflation. The top 1 percent, whose average income is $1,019,089, had an 11.6 percent increase in income.

Steven Rattner, The New York Times. The Rich Get Even Richer.

futurejournalismproject:

Of Total Income Increase in 2010…

Steven Rattner, a Wall Street executive and New York Times Op-Ed contributor, writes:

In 2010, as the nation continued to recover from the recession, a dizzying 93 percent of the additional income created in the country that year, compared to 2009 — $288 billion — went to the top 1 percent of taxpayers, those with at least $352,000 in income. That delivered an average single-year pay increase of 11.6 percent to each of these households.

Still more astonishing was the extent to which the super rich got rich faster than the merely rich. In 2010, 37 percent of these additional earnings went to just the top 0.01 percent, a teaspoon-size collection of about 15,000 households with average incomes of $23.8 million. These fortunate few saw their incomes rise by 21.5 percent.

The bottom 99 percent received a microscopic $80 increase in pay per person in 2010, after adjusting for inflation. The top 1 percent, whose average income is $1,019,089, had an 11.6 percent increase in income.

Steven Rattner, The New York Times. The Rich Get Even Richer.

@2 years ago with 475 notes
#income #tax #total income #2010 #top 1% #99% #info 
aftermarx:

Police have razed and arrested their way through Zuccotti Park,  but the Occupy movement isn’t going away. This week, there’s a new,  tangible manifestation of the movement’s staying power: the first Occupy  Wall Street book. This Changes Everything: Occupy Wall Street and the 99% Movement will hit bookstores on Nov. 17, but it’s already available for purchase in print or via download.
Grist

aftermarx:

Police have razed and arrested their way through Zuccotti Park, but the Occupy movement isn’t going away. This week, there’s a new, tangible manifestation of the movement’s staying power: the first Occupy Wall Street book. This Changes Everything: Occupy Wall Street and the 99% Movement will hit bookstores on Nov. 17, but it’s already available for purchase in print or via download.

Grist

(Source: post-carbon)

@2 years ago with 12 notes
#book #movement #99% #1% #print #download #read #ows #occupytogether #occupywallst 
nprfreshair:

rollingstone:

We live in a country where a bus driver making $26,000 a year is taxed five percentage points more than any of the nation’s top 400 wealthiest Americans.
How did this happen? In a scathing story in the new issue of Rolling Stone, Tim Dickinson explores how the Republican Party became “the Party of the One Percent - the Party of the Rich.”
- Parry Ernsberger

Tomorrow: Tim Dickinson from Rolling Stone looks back at why Presidents Reagan and George HW Bush raised taxes, how tax cuts became a focus of Republican policy and what their impact has been. 

nprfreshair:

rollingstone:

We live in a country where a bus driver making $26,000 a year is taxed five percentage points more than any of the nation’s top 400 wealthiest Americans.

How did this happen? In a scathing story in the new issue of Rolling Stone, Tim Dickinson explores how the Republican Party became “the Party of the One Percent - the Party of the Rich.”

- Parry Ernsberger

Tomorrow: Tim Dickinson from Rolling Stone looks back at why Presidents Reagan and George HW Bush raised taxes, how tax cuts became a focus of Republican policy and what their impact has been. 

@2 years ago with 344 notes
#1% #99% #rich #tax #poor #republicans #rolling #stone #report 
ranamarie:

Yes.

ranamarie:

Yes.

(Source: inventinghope)

@2 years ago with 443 notes
#lady #cops #signs #protest #support #solidarity #support #99% 

Another reason why we are all part of the 99% whether you accept it or not. 

@2 years ago with 2 notes
#occupy #occupytogether #movement #social #change #signs #99% 
@2 years ago with 44 notes
#99% #occupy #movement #politics #sign #protest 

"

A New York state judge this morning temporarily enjoined the city from keeping the protesters out of Zuccotti Park, but Mayor Bloomberg is simply ignoring the Order and deliberately breaking the law by refusing to allow them back in. Put another way, Bloomberg this morning has broken more laws than the hundreds of protesters who were arrested. But as we know, the law does not apply to the Michael Bloombergs of the nation; the law, instead, has simply been exploited into a weapon used by the politically and financially powerful to prevent challenges to their standing.

Could #OWS have scripted a more apt antagonist than this living, breathing personification of oligarchy: a Wall Street billionaire who so brazenly purchased his political office, engineered the overturning of a term-limits referendum and then spent more than $100 million of his person fortune to stay in power, and now resides well above the law?

"

@2 years ago with 454 notes
#1% #99% #occupywallst #ows #solidarity #bloomberg #mayor #corruption #billionaires #arrested #law #breaking #challenges #news 

Veterans March For Occupy Wall Street — And It's Like Nothing You've Ever Seen Before 

@2 years ago
#occupywallst #occupy #occupytogether #news #march #movement #veterans #peace #protest #walk #solidarity #99% 

(Source: libralibre)

@2 years ago
#organize #graffiti #fish #eat #99% #1% #occupy #art 

armita:

Are you the 99%?

@2 years ago with 20 notes
#news #movement #99% #turn #off #tune #in #pay #attention #occupytogether 
futurejournalismproject:

Of Total Income Increase in 2010…
Steven Rattner, a Wall Street executive and New York Times Op-Ed contributor, writes:

In 2010, as the nation continued to recover from the recession, a dizzying 93 percent of the additional income created in the country that year, compared to 2009 — $288 billion — went to the top 1 percent of taxpayers, those with at least $352,000 in income. That delivered an average single-year pay increase of 11.6 percent to each of these households.
Still more astonishing was the extent to which the super rich got rich faster than the merely rich. In 2010, 37 percent of these additional earnings went to just the top 0.01 percent, a teaspoon-size collection of about 15,000 households with average incomes of $23.8 million. These fortunate few saw their incomes rise by 21.5 percent.
The bottom 99 percent received a microscopic $80 increase in pay per person in 2010, after adjusting for inflation. The top 1 percent, whose average income is $1,019,089, had an 11.6 percent increase in income.

Steven Rattner, The New York Times. The Rich Get Even Richer.
2 years ago
#income #tax #total income #2010 #top 1% #99% #info 
2 years ago
#99% #occupy #movement #politics #sign #protest 
aftermarx:

Police have razed and arrested their way through Zuccotti Park,  but the Occupy movement isn’t going away. This week, there’s a new,  tangible manifestation of the movement’s staying power: the first Occupy  Wall Street book. This Changes Everything: Occupy Wall Street and the 99% Movement will hit bookstores on Nov. 17, but it’s already available for purchase in print or via download.
Grist
2 years ago
#book #movement #99% #1% #print #download #read #ows #occupytogether #occupywallst 
"

A New York state judge this morning temporarily enjoined the city from keeping the protesters out of Zuccotti Park, but Mayor Bloomberg is simply ignoring the Order and deliberately breaking the law by refusing to allow them back in. Put another way, Bloomberg this morning has broken more laws than the hundreds of protesters who were arrested. But as we know, the law does not apply to the Michael Bloombergs of the nation; the law, instead, has simply been exploited into a weapon used by the politically and financially powerful to prevent challenges to their standing.

Could #OWS have scripted a more apt antagonist than this living, breathing personification of oligarchy: a Wall Street billionaire who so brazenly purchased his political office, engineered the overturning of a term-limits referendum and then spent more than $100 million of his person fortune to stay in power, and now resides well above the law?

"
2 years ago
#1% #99% #occupywallst #ows #solidarity #bloomberg #mayor #corruption #billionaires #arrested #law #breaking #challenges #news 
nprfreshair:

rollingstone:

We live in a country where a bus driver making $26,000 a year is taxed five percentage points more than any of the nation’s top 400 wealthiest Americans.
How did this happen? In a scathing story in the new issue of Rolling Stone, Tim Dickinson explores how the Republican Party became “the Party of the One Percent - the Party of the Rich.”
- Parry Ernsberger

Tomorrow: Tim Dickinson from Rolling Stone looks back at why Presidents Reagan and George HW Bush raised taxes, how tax cuts became a focus of Republican policy and what their impact has been. 
2 years ago
#1% #99% #rich #tax #poor #republicans #rolling #stone #report 
Veterans March For Occupy Wall Street — And It's Like Nothing You've Ever Seen Before→
2 years ago
#occupywallst #occupy #occupytogether #news #march #movement #veterans #peace #protest #walk #solidarity #99% 
ranamarie:

Yes.
2 years ago
#lady #cops #signs #protest #support #solidarity #support #99% 
2 years ago
#organize #graffiti #fish #eat #99% #1% #occupy #art 
Another reason why we are all part of the 99% whether you accept it or not.→
2 years ago
#occupy #occupytogether #movement #social #change #signs #99% 
2 years ago
#news #movement #99% #turn #off #tune #in #pay #attention #occupytogether