Publication Date: April 2008
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Andrew Nicholas; Elizabeth McNichol; Jared Bernstein
Research Area: Economics
Keywords: Economic projections; State budgets; Tax code; Income diversity
A state-by-state examination of trends in income inequality over the past two business cycles finds that inequality has grown in most parts of the country since the late 1980s. The incomes of the country's highest-income families have climbed substantially, while middle- and lower-income families have seen only modest increases.
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