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

U. S. Congressional Budget Office




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 |  Cosimo Reports |  2011-12-01 | Original language:English | PDF # 1 |  11.02 x.14 x8.27l,.39 | File type: PDF | 68 pages

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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 ear...

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