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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

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

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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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