Sof for the last week or so, the blogs have been exploding over a post by a Law professor at the University of Chicago who complained that the tax increase from the expiring Bush Tax Cuts would hurt him. Paul Krugman talks about a reason why it's ok for rich people to gripe, and links to Brad DeLong's excellent takedown.
Income inequality is very real. Recently there have been several articles and discussions about this, and I think that the concept is finally getting into the mainstream discussion.
And don't miss this handy chart showing EXACTLY how income is distributed in the US.
