Tax Reform Act of 1986 - Income Inequality

Income Inequality

See also: Income inequality in the United States and Tax policy and economic inequality in the United States

In 1984, the top one percent of income earners received 8.4% of national income, while in 1989 it increased to 13.5%. The effect of the 1986 reform on this shift has been subjected to several economic studies.

Read more about this topic:  Tax Reform Act Of 1986

Famous quotes containing the words income and/or inequality:

    Some rough political choices lie ahead. Should affirmative action be retained? Should preference be given to people on the basis of income rather than race? Should the system be—and can it be—scrapped altogether?
    David K. Shipler (b. 1942)

    Nature is unfair? So much the better, inequality is the only bearable thing, the monotony of equality can only lead us to boredom.
    Francis Picabia (1878–1953)