By Suzy Khimm – A new report (pdf) from the Congressional Research Service — the nonpartisan public policy branch of Congress — takes a closer look at the drivers of income inequality between 1996 and 2006, the last period of moderate economic growth before the latest boom-bust cycle.
Changes in income from capital gains and dividends were the single largest contributor to rising income inequality between 1996 and 2006. Changes in tax policy also made a significant contribution to the increase in income inequality. more> http://is.gd/j2YuPz
- 2011: The Year that Income Inequality Captured the Public’s Attention (theneteconomy.wordpress.com)
- Trends and Cycles in Income Inequality: Why Oh Why Can’t We Have a Better Press Corps? (delong.typepad.com)
- CRS on Income Inequality (taxprof.typepad.com)