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For Two Economists, the Buffett Rule Is Just a Start
Sunday, May 6th, 2012
April 16, 2012
Emmanuel Saez and Thomas Piketty have spent the last decade tracking the incomes of the poor, the middle class and the rich in countries across the world. More than anything else, their work shows that the top earners in the United States have taken a bigger and bigger share of overall income over the last three decades, with inequality nearly as acute as it was before the Great Depression… “People say that reducing inequality is radical. I think that tolerating the level of inequality the United States tolerates is radical.”
Tags: economy, ideology, standard of living, tax
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