Wealth and Income Inequality in the US

Here are several good charts showing that the super rich are taking more and more of US wealth and income. [Business Insider]

This charts shows that from the 40s to about 1980 income inequality was relatively stable. Then in the 80's we fell in love with cutting taxes to spur the economy and the money started piling up in the super-wealthy's hands. Now the super wealthy have the biggest slice of the American Wealth pie and the economy sucks for the rest of us.

So, go look through these 16 charts and then explain to me again why we should attack our current debt problem by cutting Social Security and Medicare and not raising the tax rate on the rich.

tnb