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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
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
Posted in Economy, Income Distribution, Inequality, Socio-economic Status, Taxes, Wealth
Tagged capital gains, decline of unions, dividends, financial sector, foreign trade, Galbraith, income distribution, income inequality, inheritance, marginal tax rates, Piketty, Saez, stock market, technology boom, wages
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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
Posted in Economy, Income Distribution, Inequality, Taxes, Wealth
Tagged economic growth, economy, income distribution, inequality, Piketty, Saez, tax breaks, tax rates, taxes
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