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  • Rotman Management

    Income vs. Wealth Inequality

    Sep 01, 2017 2 minutes
    By Emmanuel Saez

    Everywhere you look today, people are talking about inequality in developed countries. One simple way to measure that is to estimate top-income shares: What share of total, pre-tax income goes to certain groups—such as the top 10% of families, the top 1% of families, or the top 0.1% of families?

    Advanced economies typically started their progressive income taxes

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