There’s some good news!!!! (and then there’s the news we don’t actually care about)

Hey, it’s a party! The richest, shiniest 400 families in America have gotten 5 times richer in the past 15 years!!!!

And OMG BONUS!!!! Their tax rates fell to the lowest rate EVAR!!! Couldn’t you just die??!!!!

Sources: Tax.com NY Times WSWS.org

WHEEEEE!!!! LOOK AT THAT INCOME RISE!!!!

Incomes Go Up!

YAYYYY!!!!! GO AWAY BAD TAXES!!!!!!

Taxes Go Down!

Total income for our top earners was $138 billion in 2007.  That’s up  $263 million from the previous year. They got an increase of 31%!!!  Yayyyy!!!!  they deserve it.

But how much did the shiny 400 pay in taxes? A mere $23 billion. Isn’t that JUST SUPER?!!!!!!!

Our top 400 Awesome Rich People made more in 2007 than the yearly output of most of the world’s countries; rivaling the GDP of Chile .

If the shiny 400 had paid their 2007 taxes (even at the 1995 rate) the resulting $18.4 billion would have covered California’s entire 2010 budget shortfall. Aren’t you just so proud?

Bill Clinton’s administration started the report back in the day to let us ROOT! ROOT! ROOT! for our rich. But the Grumbledy Meanies in the Bush administration shut it down. Leaving us without any way to know how super and shiny our rich people really, truly are.

And guess what! The wealthiest 1% took 2/3rds of ALL the income generated between 2002 and 2007.  But, ya know what? I think they deserve it.

They took 90% whole percent!!! But they deserve it.

Some Economy Guys named Thomas Piketty and Emmanuel Saez  said income for the top 1 percent grew 10 times faster than that of the bottom 90 percent.

10 TIMES FASTER!!!!!!!!

And don’t we all think that’s just FANTASTIC?!!!

Okay, okay, not be a Debbie Downer, but I did promise that other news (we don’t really care about anyway)

It seems the whiny old states think they might have needed those tax dollars. Pouty Pusses.

Center for Budget and Policy

Those Silly Little Recession Numbers

Current.org
As states cut back their budgets, governors are targeting public broadcasting along with other educational and arts programs. Some stations could face a total funding loss.

But really who needs that stuff anyway? That’s all just local musicians and news and artists. We don’t need to know what they are doing, as long as the rich can get richer. Right?

Center on Budget and Policy Priorities
At least 44 states plus the District of Columbia have enacted budget cuts that will affect services for children, the elderly, the disabled, and families, as well as the quality of education and access to higher education.

Look, I know it’s tough. But if you are old or disabled, you are going to die soon anyway. And frankly that might be a blessing, because you aren’t pretty to look at in that condition either.

But if you are young and uneducated, the rich are always looking for somebody to trim hedges or cut the grass, you’ll get by. Heck, I bet you could get Timmy out of daycare and the SUPER SHINY RICH could put him to work in a trice!!!

Little fingers like Timmy has are just perfect for making those big expensive wool rugs the rich like to hang on their walls. It takes patience though, so tell Timmy to work steady or there will be no gruel for dinner. Wait…… that’s right. The rule is one meal a day.

Bonus!!!! Timmy won’t have to eat gruel for dinner, cause there’s no dinner!!!! Yay!!!!!!

Don’t we just owe the Rich EVERYTHING?

One could just SWOON…..

Swooning

Swooning

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