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Author Question: Much attention is being paid to the issue of rising income inequality. A serious aspect of this ... (Read 111 times)

jlol3

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Much attention is being paid to the issue of rising income inequality. A serious aspect of this issue, especially in the United States and the United Kingdom , is that even though average per capita income has been growing,
◦ the vast majority of the economy's total income growth has accrued to the highest income earners.
◦ a larger proportion of households fall below the poverty line.
◦ incomes in these countries are not growing as fast as in other OECD countries.
◦ high-income earners are paying much higher rates of income tax.
◦ low- and middle-class households are not earning enough income to pay income tax.


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Marked as best answer by jlol3 on Oct 12, 2022

LynellDool

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jlol3

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Reply 2 on: Oct 12, 2022
Wow, this really help


ultraflyy23

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Reply 3 on: Yesterday
:D TYSM

 

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