WASHINGTON, DC, September 27, 2012 Republican strength in Congress increases the share of income held by the top 1 percent, but the president's political affiliation has no effect, suggests a new study in the October issue of the American Sociological R Full Story »
Posted by Jack Powers
The study also found that the effect of a percentage point decrease in capital gains and income taxes was similar in magnitude to the effect of a percentage point increase ... More »
A good short report on a study that dispels the strong myth that the president dominates wealth distribution. The effect of party control of congress, bubble economics, and union membership are also given interesting attention and their effects quantified.
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