income from capital and business had decreased to 20%
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with professional athletes and movie actors enjoying astronomical
rapid expansion and those whose growth spurts quickly dissipate. In
and contrary opinions abound. In his influential 1975 book
and a degree of inequality is a necessary part of what keeps any
badly designed and implemented efforts to reverse this trend could
and the IMF recently called on lawmakers to
29.2% live in poverty and 46.2% live near the poverty level
has long argued along similar lines. He claimed that his 2010 federal tax bill--income taxes and
or spending on health and education disproportionately benefits the poor
effective investments in health and education promote
such as the earned income and child tax credits
with 0 indicating complete equality and 1.0 indicating complete
Trends in the Distribution of Household Income Between 1979 and 2007
such as Aid to Families With Dependent Children and Temporary Assistance for Needy Families