Laughing Straight to the Bank

03.10.08 10 years ago 2 Comments

Jay-Z and Damon Dash
Jay-Z's "The Black Album" Concert - After Party
New York City, New York United States
November 25, 2003
Photo by Johnny Nunez/

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The Wall Street Journal reports that the top richest per cent of America just got even wealthier. What this means for those of us who are not hundred-millionaires is that our tax burden just got a little lighter. Whew. Hip-hop moguls and go-getters have also made being rich the new black. When reached for comment, several of the super-rich were visibly happy. Others were not so happy because their income brackets had not shifted. Toying with new strategies for selling records, marrying rich and buying out the bar has not yielded the same capital gains for some.

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