New study indicates that by 2016 , the world 's wealthiest 1 % will control more than 50 % of the world 's wealth . Comment: We 've cut taxes on big businesses and the rich to near historic lows . The rich aren't getting richer because they're better at making money Republicans need to recognize that they ca n't just be the party of the 1 % and support Obama 's modest proposals .
New study indicates that by 2016 , the world 's wealthiest 1 % will control more than 50 % of the world 's wealth . Comment: The rich aren't getting richer because they're better at making money Republicans need to recognize that they ca n't just be the party of the 1 % and support Obama 's modest proposals .