Income Inequality
See also: Income inequality in the United States and Tax policy and economic inequality in the United StatesIn 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:
“Work though we must, our jobs do not automatically determine our priorities concerning our marriages, our children, our social life, or even our health. Its still life, constrained as it may be by limited disposable income or leisure time, and were still responsible for making it something we enjoy or endure.”
—Melinda M. Marshall (20th century)
“However energetically society in general may strive to make all the citizens equal and alike, the personal pride of each individual will always make him try to escape from the common level, and he will form some inequality somewhere to his own profit.”
—Alexis de Tocqueville (18051859)