Trends in the Distribution of Household Income Between 1979 and 2007

Trends in the Distribution of Household Income Between 1979 and 2007 PDF Author:
Publisher: Government Printing Office
ISBN:
Category :
Languages : en
Pages : 70

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Trends in the Distribution of Household Income Between 1979 and 2007

Trends in the Distribution of Household Income Between 1979 and 2007 PDF Author:
Publisher: Government Printing Office
ISBN:
Category :
Languages : en
Pages : 70

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Book Description


Trends in the Distribution of Household Income Between 1979 and 2007

Trends in the Distribution of Household Income Between 1979 and 2007 PDF Author:
Publisher:
ISBN:
Category : Households
Languages : en
Pages : 47

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Trends in the Distribution of Household Income Between 1979 And 2007

Trends in the Distribution of Household Income Between 1979 And 2007 PDF Author: Congressional Budget Office
Publisher: Createspace Independent Pub
ISBN: 9781475256659
Category : Business & Economics
Languages : en
Pages : 62

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Book Description
This Congressional Budget Office (CBO) study—prepared at the request of the Chairman and former Ranking Member of the Senate Committee on Finance—documents changes in the distribution of household income between 1979 and 2007. CBO's analysis examines the distribution of household income before and after government transfers and federal taxes, and it reports the contribution of various income components (such as wages and salaries,capital income, and business income) to the distribution of market income. The study presents information on trends in the distribution of income for all households combined and for households separated on the basis of age and the presence of children. In keeping with CBO's mandate to provide objective, impartial analysis, this study makes no recommendations.

Trends in the Distribution of Household Income Between 1979 and 2007 - A Congressional Report on Income Inequality in the U.S.

Trends in the Distribution of Household Income Between 1979 and 2007 - A Congressional Report on Income Inequality in the U.S. PDF Author: United States Congressional Budget Office
Publisher: Cosimo Reports
ISBN: 9781616406653
Category : Business & Economics
Languages : en
Pages : 68

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Book Description
In October 2011, the United States Congressional Budget Office released a report evaluating the trends in household income from 1979 to 2007. Based on extensive data from the Internal Revenue Service and Census Bureau, it was written in response to the economic crisis and rising concerns about unemployment, tax inequality, and large income gaps between the rich and poor. The report found that there is a large contrast in the after-tax income of the lowest and highest earners in the U.S.; the after-tax income of the most prosperous fifth of the population exceeded the total after-tax income of the other four-fifths. This report is valuable to anyone interested in economic trends over time and the current world economic crisis. The U.S. CONGRESSIONAL BUDGET OFFICE is a federal nonpartisan government agency that evaluates the federal budget in preparation for its renewal each year, providing Congress with the information and estimates they need to do so. In addition, they provide objective analyses to aid economic and budget-related decisions of the programs covered by the federal budget.

Income Inequality

Income Inequality PDF Author: Ruth D. Alford
Publisher:
ISBN: 9781619425149
Category : Income distribution
Languages : en
Pages : 136

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Book Description
This book examines real (inflation-adjusted) average household income, from 1979 to 2007 (because those endpoints allow comparisons between periods of similar overall economic activity as they were both years before recessions). During that period, the evolution of the nation's economy and the tax and spending policies of the federal government and state and local governments had varying effects on households at different points in the income distribution. The share in income accruing to higher-income households increased, whereas the share accruing to other households declined. As a result of that uneven income growth, the distribution of after-tax household income in the U.S. was substantially more unequal in 2007 than in 1979.

Trends in The Distribution of Household Income, 1979-2009

Trends in The Distribution of Household Income, 1979-2009 PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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The Growing Gap in Life Expectancy by Income

The Growing Gap in Life Expectancy by Income PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 030931710X
Category : Social Science
Languages : en
Pages : 243

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Book Description
The U.S. population is aging. Social Security projections suggest that between 2013 and 2050, the population aged 65 and over will almost double, from 45 million to 86 million. One key driver of population aging is ongoing increases in life expectancy. Average U.S. life expectancy was 67 years for males and 73 years for females five decades ago; the averages are now 76 and 81, respectively. It has long been the case that better-educated, higher-income people enjoy longer life expectancies than less-educated, lower-income people. The causes include early life conditions, behavioral factors (such as nutrition, exercise, and smoking behaviors), stress, and access to health care services, all of which can vary across education and income. Our major entitlement programs - Medicare, Medicaid, Social Security, and Supplemental Security Income - have come to deliver disproportionately larger lifetime benefits to higher-income people because, on average, they are increasingly collecting those benefits over more years than others. This report studies the impact the growing gap in life expectancy has on the present value of lifetime benefits that people with higher or lower earnings will receive from major entitlement programs. The analysis presented in The Growing Gap in Life Expectancy by Income goes beyond an examination of the existing literature by providing the first comprehensive estimates of how lifetime benefits are affected by the changing distribution of life expectancy. The report also explores, from a lifetime benefit perspective, how the growing gap in longevity affects traditional policy analyses of reforms to the nation's leading entitlement programs. This in-depth analysis of the economic impacts of the longevity gap will inform debate and assist decision makers, economists, and researchers.

Top Incomes

Top Incomes PDF Author: A. B. Atkinson
Publisher: Oxford University Press
ISBN: 0199286892
Category : Business & Economics
Languages : en
Pages : 799

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Book Description
This volume brings together an exciting range of new studies of top incomes in a wide range of countries from around the world. The studies use data from income tax records to cast light on the dramatic changes that have taken place at the top of the income distribution. The results cover 22 countries and have a long time span, going back to 1875.

Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality PDF Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
ISBN: 1513547437
Category : Business & Economics
Languages : en
Pages : 39

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Book Description
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Corporate Power, Oligopolies, and the Crisis of the State

Corporate Power, Oligopolies, and the Crisis of the State PDF Author: Luis Suarez-Villa
Publisher: SUNY Press
ISBN: 1438454856
Category : Political Science
Languages : en
Pages : 380

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Book Description
Addresses the power of oligopolistic corporations in contemporary society. The largest, wealthiest corporations have gained unprecedented power and influence in contemporary life. From cradle to grave the decisions made by these entities have an enormous impact on how we live and work, what we eat, our physical and psychological health, what we know or believe, whom we elect, and how we deal with one another and with the natural world around us. At the same time, government seems ever more subservient to the power of these oligopolies, providing numerous forms of corporate welfare—tax breaks, subsidies, guarantees, and bailouts—while neglecting the most basic needs of the population. In Corporate Power, Oligopolies, and the Crisis of the State, Luis Suarez-Villa employs a multidisciplinary perspective to provide unprecedented documentation of a growing crisis of governance, marked by a massive transfer of risk from the private sector to the state, skyrocketing debt, great inequality and economic insecurity, along with an alignment of the interests of politicians and a new, minuscule but immensely wealthy and influential corporate elite. Thanks to this dysfunctional environment, Suarez-Villa argues, stagnation and a vanishing public trust have become the hallmarks of our time. “This book makes a substantial contribution to the literature, particularly to the field of political economy. It is unique and much needed for the way it draws links between a wide and diverse range of social, economic, and political phenomena through a sophisticated and powerful theoretical analysis. Luis Suarez-Villa manages to paint the big picture while touching upon detailed developments in numerous fields—not unlike the great political economists of the nineteenth century.” — Joel Bakan, author of The Corporation: The Pathological Pursuit of Profit and Power