How Rich Is Too Rich?: Incomе аnd Wеаlth in Amеricа
Publisher: Prаеgеr Publishеrs
Number of Pages: 264
Published: 1992-01-30
List price: $60.95
"a new twist on the eternal question of inequitable income distribution, though they focus on wealth (accumulated income) rather than income. The authors document the dramatic disparities in the distributions of income and wealth and describe the problems these cause. Their solution, the `alternative distribution system," is quite simple: tax inheritance rather than estates. Individuals could inherit up to $1 million tax free. Each succeeding million would be taxed at progressively higher rates. This plan, they argue, would force an estate to be distributed among more people and would cuase be...