Income Inequality: Difference between revisions
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[https://econofact.org/policy-implications-from-rising-economic-inequality by Kimberly Clausing and Hilary Hoynes 13/11/18 ECONOFACT] | [https://econofact.org/policy-implications-from-rising-economic-inequality by Kimberly Clausing and Hilary Hoynes 13/11/18 ECONOFACT] | ||
A marked increase in income inequality has been a defining characteristic of the U.S. economy of the past several decades. Progressive tax policy and a social safety net that invests in those at the bottom of the income distribution play a role in mitigating widening inequality in the United States. | A marked increase in income inequality has been a defining characteristic of the U.S. economy of the past several decades. Progressive tax policy and a social safety net that invests in those at the bottom of the income distribution play a role in mitigating widening inequality in the United States. | ||
=====Legal Milestones That Fight Income Inequality===== | |||
[https://www.investopedia.com/legal-milestones-that-fight-inequality-5116659 by Daniel Thomas Mollenkamp 4/4/24 Investopedia] | |||
Income inequality in the U.S. is particularly high for a developed economy. At numerous times during its history, the country has attempted to address the issue through policy, legislation, and judicial decisions. This has included efforts to promote equal pay, to prevent discrimination, and to deal with other types of bias that can foster inequality. Though income inequality persists, previous milestones may provide a roadmap for future attempts to address the matter. | |||
