Posted 1 year ago on Jan. 17, 2012, 10:32 p.m. EST by TryingForAnOpenMind
from Yonkers, NY
This content is user submitted and not an official statement
Income inequality is the loaded question of the moment, the political equivalent of “When did you stop beating your wife?” If you’re not opposed to income inequality, you must be in favor of poverty.
If you look around the country you find varying levels of income inequality among the states, and thus guidance about how to reduce it.
The reflexive solution to income inequality is to raise taxes, but the facts don’t support that approach. Progressives say they’re opposed to income inequality, but so-called blue states — those whose residents vote predominantly Democratic — outnumber red (Republican) states, in the 20 states where income inequality is greatest. Some 60 percent of the most unequal states — New York leads the way — are blue, while 60 percent of the most equal are not, with deep red Utah most equal of all. equality.
Measurements of inequality don't take into account in-kind transfers (medical assistance, food stamps, etc.).
The inequality expressed was taken from one point in time.
There are other things that come into play, such as immigrants and mindsets.
The steady increase in income inequality in recent decades is due largely to increased immigration. Between 1970 and 2000, foreign-born population in our great country increased from 9.6 million to 31.1 million. The percentage of the U.S. population that is foreign-born increased from 4.7% in 1970 to 11.1% in 2000.
Immigrants' median annual income is about 15% lower than native-born Americans. This is why the gap between the top and bottom groups has increased.