Abstract
In September 2011, thousands of people gathered spontaneously in Zuccotti Park in New York City to protest growing income inequality and what some called “the loss of our democracy.”
While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.
—Billionaire Warren Buffett, New York Times op-ed, August 14, 2011
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Notes
Warren E. Buffett, “Stop Coddling the Super Rich,” New York Times, August 14, 2011.
Edward D. Kleinbard, Rich Man Whining, August 24, 2011.
Leonard Burman and Greg Lieserson, “Two-Thirds of Tax Units Pay More Payroll Tax than Income Tax,” Tax Policy Center, April 9, 2007.
Ron Brownstein, senior writer at the National Journal, Los Angeles Times, July 15, 2011.
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© 2012 Allan Sheahen
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Sheahen, A. (2012). Why Is There So Much Inequality in the United States?. In: Basic Income Guarantee. Exploring the Basic Income Guarantee. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137031594_6
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DOI: https://doi.org/10.1057/9781137031594_6
Publisher Name: Palgrave Macmillan, New York
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