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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (217445)2/5/2005 11:44:48 AM
From: SilentZ  Respond to of 1574005
 
>Income distribution used to be much flatter. (At least it seems that way to me).

I'm pretty sure I've seen very strong data to that effect.

-Z



To: Road Walker who wrote (217445)2/5/2005 11:58:37 AM
From: combjelly  Respond to of 1574005
 
"Income distribution used to be much flatter. (At least it seems that way to me). "

Absolutely. The percentage of wealth concentrated in the upper brackets in the US is closer to a third world country than it is a modern industrialized country. It wasn't always that way. In fact, it was considered to be a bad thing overall, that is why there are estate taxes.

Google "Gini coefficient"

berclo.net