Kevin Drum's piece on the decline of labor unions and the rise of corporate power is excellent and definitely worth a read. It also contains a wealth of great charts, including this one, which compares the current income tax rate on millionaires to its rate in the past. Short story? Millionaires are doing very well for themselves:
Millionaires pay less than a third of their marginal income in taxes, and somehow they've convinced a fair share of Americans that they're overburdened and overtaxed. It's amazing.
