dividends paid by corporations (excluding
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market income includes the following components:
strengthening the labor force's capacity to cope with new technologies.
effective investments in health and education promote
especially given that rising unemployment
or toward badly needed public resources like roads
or spending on health and education disproportionately benefits the poor
whose tax burdens were between 33% and 41% and averaged 36%.
has long argued along similar lines. He claimed that his 2010 federal tax bill--income taxes and
a recent report from the OECD suggested that carried interest--the share of
29.2% live in poverty and 46.2% live near the poverty level
and the IMF recently called on lawmakers to
hurting the very people such policies are meant to help (57).
badly designed and implemented efforts to reverse this trend could
a degree of inequality is to be expected in any market
and a degree of inequality is a necessary part of what keeps any
an increase in income inequality has a significant positive relationship with economic
economist Arthur Okun argued that pursuing equality can reduce
and contrary opinions abound. In his influential 1975 book
or the needs of the less affluent may grow so severe as to