Not some back of the napkin approximation according to a groundbreaking new working paper by carcassi price Catherine Edwards of the Rand Corporation have the more equitable income distributions of the 3 decades following world war 2945 through 1974 really held steady the aggregate annual income of americans earning below the 90th percentile would have been 2. 00 trillion dollars higher in the year 2018 alone this is an amount equal to nearly 12 percent of g. D. P. Enough to more than double Median Income enough to pay every single american in the bottom 9 deciles an additional 1144. 00 a month every month every single year see the jamison of the scam perpetrated by wall street and the likes of Warren Buffett and the people over a black rock and all the private equity firms and j. P. Morgan and jamie diamond and all the global banks is that they take advantage of compound interest in a way that makes them multi 100 billionaires because it doesnt take my. Much in terms of a percentage i
Great before it was better for a certain class of people i. E. The bottom 99 percent it wasnt as great for the top one percent back then this is not some back of the napkin approximation according to a groundbreaking new working paper by carcassi price Catherine Edwards of the Rand Corporation have the more equitable income distributions of the 3 decades following world war 2945 through 1974 really held steady the aggregate annual income of americans earning below the 90th percentile would have been 2. 00 trillion dollars higher in the year 2018 alone this is an amount equal to nearly 12 percent of g. D. P. Enough to more than double Median Income enough to pay every single american in the bottom 9. 00 deciles an additional 1144. 00 a month every month every single year see the jamison of the scam perpetrated by wall street and the likes of Warren Buffett and the people over a black rock and all the private equity firms and j. P. Morgan and jamie diamond and all the global banks is tha
We working with the 64 secretary of state Madeleine Albright talking about her new book, hell and other destinations which is a very interesting book it would look forward to the conversation. Welcome to our podcast today. Guest i am enjoying talking with you anytime. Host im at the Jefferson Building of the library of congress. She is at her home and virginia we were young staffers together in the white house under president carter and i have followed your career since then with great admiration. This is your seventh book since you left us secretary of state did you ever imagine after the first woman to serve as secretary of state you would write seven books in addition since you left . Guest no. Never occurred to me i would write so many but i think it was important those who have served to write their memoirs that is what gives people an understanding of what happened. Everybody writes a somewhat different version and then to figure out what really happened. Host behind you have a l
Warning to all People Living nearby all your week three nfl highlights and a Ground Breaking moments as we kick off your monday early today starts right now good morning. Im philip mena. And im frances rivera. With just a month until election day, a new report could reshape the race for the white house this morning, the New York Times headline says it all. Trumps taxes show chronic losses, audit battle, and income tax avoidance. According to the report, the president paid no federal income tax at all for 10 of the past 15 years because he lost so much money and only paid 750 in 2016 and 17. The president fumed calling it fax news, comparing what the president said to average americans. The campaign is also selling stickers that say, i paid more income taxes than donald trump nbcs tracy potts joins us with the latest what else did we learn from that report reporter so frances, a couple of things lets start with this 72 million refund the president got. Hes at odds whether that was legit
Goodnight, everybody thank you so much. [ cheers and applause we got this. Announcer tonight, on late night with seth meyers, Alicia Vikander, creators and stars of pen15, maya erskine and anna konkle an all new closer look. Featuring the 8g band with fred armisen and w, s seth good evening, im seth meyers and this is late night. We are hoping youre doing well tonight. Lets get to the news. During a press conference last night, President Trump refused to commit to a peaceful transition of power if he loses to former Vice President joe biden and said, quote, well have to see what happens. See what happens for someone who wants to be a dictator, you sure sound like a spectator. You are coming off like Ryan Seacrest on american idol. Well see what happens after the break. I think the mistake was phrasing the question that way. You should have asked, if joe biden wins, do you commit to playing even more golf thats right, President Trump refused to commit to a peaceful transition of power i