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...rich already pay more. The Joint Committee on Taxation, which is controlled by Republicans in Congress, says the best-paid 1% of Americans, who declare more than $219,770 in annual income, fork over 27% of it to the irs, in contrast to 5% paid by Americans earning the median income of $32,364. Forbes says he knows these numbers. But rather than correct his supporters, he nods and flashes that endearing smile...

Author: /time Magazine | Title: IS THIS TAX FLAT UNFAIR? | 1/29/1996 | See Source »

...Civil War through 1973 total national output had grown an average of 3.5% a year, and output per worker rose about 2% annually. Ever since, output growth has averaged 2% a year and productivity increases only 1%. By no coincidence, real (that is, inflation-adjusted) income for the median worker, which had doubled in the early postwar years, has been declining persistently since...

Author: /time Magazine | Title: STATE OF THE UNION: ARE WE BETTER OFF? | 1/29/1996 | See Source »

Like raccoons, wild turkeys are not really a wilderness animal. They are an edge-of-civilization critter. Deep snow and deep forest defeat them. They gobble insects in the warm months, occasionally in the median strips of rural interstate highways. But they get through winters, or don't, foraging for barberries, rose hips, wild apples, sumac, juniper, sedges and fern. What they really like is corn wastage at winter-bound dairy farms and sunflower seeds policed from beneath suburban bird feeders...

Author: /time Magazine | Title: THE GOBBLING OF AMERICA | 11/27/1995 | See Source »

...million World War II veterans enter their years of peak medical need--their median age is 73--the VA may be decreasingly able to serve them. "If you lock us into the 1995 spending levels for the next seven years, you make some assumptions almost as though there's nobody out there to treat," says Jesse Brown, Secretary of the Department of Veterans Affairs. "A lot of people are behaving as though our veterans are already dead...

Author: /time Magazine | Title: MORTAL COMBAT AT THE VA | 11/13/1995 | See Source »

...more of the benefits were quantified--if we could say how much more bang-per-buck you would get from Windows 95 than from dos 3.0, or from a new CD player than from an old, no-frills model--the official inflation rate would be lower and median wages would then look less stagnant, if far from vibrant. Another benefit of lean, efficient capitalism is jobs; the American unemployment rate is stunningly low by European standards--half the French and Italian rates...

Author: /time Magazine | Title: INCOME INEQUALITY: WHO'S REALLY TO BLAME? | 11/6/1995 | See Source »

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