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. | ||