In a column in the Washington Post, Robert J. Samuelson wrote: "As for what's caused greater inequality, we're also in the dark. The Reagan and Bush tax cuts are weak explanations, because gains have occurred in pretax incomes. . . . Up to a point, inequality is inevitable and desirable." Source: Robert J. Samuelson, "The Rich and the Rest," Washington Post, April 18, 2007. Pretax income is income

Economics: Private and Public Choice (MindTap Course List)
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Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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Chapter28: Income Inequality And Poverty
Section: Chapter Questions
Problem 10CQ
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In a column in the Washington Post, Robert J. Samuelson wrote:
"As for what's caused greater inequality, we're also in the dark. The Reagan and Bush tax cuts are weak
explanations, because gains have occurred in pretax incomes. . . . Up to a point, inequality is inevitable and
desirable."
Source: Robert J. Samuelson, "The Rich and the Rest," Washington Post, April 18, 2007.
Pretax income is income
Transcribed Image Text:In a column in the Washington Post, Robert J. Samuelson wrote: "As for what's caused greater inequality, we're also in the dark. The Reagan and Bush tax cuts are weak explanations, because gains have occurred in pretax incomes. . . . Up to a point, inequality is inevitable and desirable." Source: Robert J. Samuelson, "The Rich and the Rest," Washington Post, April 18, 2007. Pretax income is income
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