$1,400,000 $1,200,000 281% Average Income (After taxes, including public and private benefits; 2007 dollars) 250% 200% $1,000,000 1979 $800,000 150% 2007 $600,000 100% Percent Change $400,000 $200,000 59% 16% 23% 25% 50% 35% $0 0% Poorest fifth Second fifth Middle fifth Fourth fifth 80th to Top 1 99th Percent percentiles Declining Progressivity at the Top 80% Average Federal Tax Rate Top 1% 70% Top .1% 60% Top .01% 50% 40% 30% 20% 10% 0% 1970 1974 1978 1982 1986 1990 1994 1998 2002 Cloture Filings to End Senate Filibusters, 1921-2010 140 105 70 35 0 “In all cases where justice or the general good might require new laws to be passed, or active measures to be pursued, the fundamental principle of free government would be reversed. It would be no longer the majority that would rule: the power would be transferred to the minority.” —James Madison, Federalist #58 Lobbying Expenditures (Billions—adjusted for inflation) $4.0 $3.5B $3.5 $3.0 $2.5 $2.0 $1.8B $1.5 $1.0 $0.5 $.4B $0.0 1983 1998 2009 http://www.leedrutman.com/uploads/2/3/0/1/2301208/explaining _the_growth_of_corporate_political_activity.pdf 18% Top 1 Percent’s Share of National Income (Excluding Capital Gains) 1973* 16% 14% Final Year** 12% 10% 8% 6% 4% 2% % Non-US Finland, Norway, Sweden France, Australia, United States Germany, Italy, Canada, N.Z., Netherlands U.K.