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Showing posts with label Income disparity. Show all posts
Showing posts with label Income disparity. Show all posts
The Unequal State of America: The economics paper that rattled Washington | Reuters
The Unequal State of America: The economics paper that rattled Washington | Reuters: "An employee of the Congressional Research Service, Hungerford in 2011 published a paper that found that after-tax income inequality rose 11.2 percent between 1996 and 2006. Rising capital gains and dividends among the wealthy were the main driver of the widening gap, he concluded, accounting for 72 percent of the increase. Tax cuts, he found, accounted for the rest. The cuts had an especially big impact because income from capital gains surpassed salaries for the top 1 percent of earners over that period." (My selection)
The myth of freedom in the land of the free - Opinion - Al Jazeera English
The myth of freedom in the land of the free - Opinion - Al Jazeera English: "The US touts itself as the land of free, but it has laws which are designed to crush criticisms of the state.
Last Modified: 22 Mar 2012 12:11"
Last Modified: 22 Mar 2012 12:11"
Davos business leaders say Western capitalism has widened income gap, new models needed - The Washington Post
Davos business leaders say Western capitalism has widened income gap, new models needed - The Washington Post: "DAVOS, Switzerland — A four-year economic crisis has left societies battered and widened the gap between the haves and have-nots, financial leaders conceded Wednesday — with one suggesting that Western-style capitalism itself may be endangered."
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