In our last post we showed how corporations and those with money can substantially influence the political landscape. Some might argue, that this is they way how capitalism should work: those who have more money should also have more influence, since they also pay more taxes. Right?
But here is the bummer: They don’t! As you can see by the graphic below which we got from this blog post the poorest 20 percent pay a multiple of the tax the richest 1 percent pays. However, it is very obvious that those 1 percent have a lot more influence in Americas oligarchy.
(Data Source: http://assetsandopportunity.org/scorecard/)