Click here to read the Too Much weekly edition emailed to readers on May 16, 2011.

Inside this issue: America’s top 400 taxpayers, new IRS income data show, partied on right through the depth of the Great Recession. And they shared precious little of their good fortune with Uncle Sam . . . Philanthropists gone wild: a cautionary tale from education . . . Comparing tax rates on America’s top 400 since 1955.