Even America's richest think they're getting too many tax breaks from a government determined to keep the poor in their place. As poverty in the US grows, Paul Harris wonders what happened to the Land of Opportunity
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Over the past 25 years the median US family income has gone up 18 percent. For the top one percent, however, it has gone up 200 percent. A quarter of a century ago the top fifth of Americans had an average income 6.7 times that of the bottom fifth. Now it is 9.8 times.
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Don't just take my word for it. Take Buffet's. After all he doesn't have anything to gain from criticising current policy. In fact he has hundreds of millions of dollars to lose. 'If class warfare is being waged in America,' he has written 'My class is clearly winning.' When even the rich are starting to think they are getting too many tax cuts, then you know something has gone very wrong.
http://observer.guardian.co.uk/columnists/story/0,,1792399,00.html