Tag Archives: Piketty

Do Changes in Top Marginal Tax Rates Effect Top 1% Share of Income?

Do Changes in Top Marginal Tax Rates Effect Top 1% Share of Income? Piketty, Saez, and Stantcheva (2011) examined changes in top marginal tax rates (MTR) since 1960 and concomitant changes in top 1% income shares among 18 OECD countries, … Continue reading

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The Causes of Income Inequality

Numerous scholars have identified various factors associated with growing levels of income inequality. This is a summary of some, not all, of the more prevalent evidence-based studies. Stock Market, Rise of Financial Sector and Finance Driven Technology Boom. Galbraith (2012) places a … Continue reading

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Debunking Tax Cuts, Inequality and Economic Growth Myths

It is often stated that tax cuts for the wealthy are unrelated to economic inequality and that tax cuts for ‘job creators’ produce economic growth. Major conclusions from very prominent researchers (Piketty, Saez, & Stantcheva, 2011) debunk conventional wisdom and … Continue reading

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