David Leonhardt Income Inequality

Decent Essays
Income inequality is a concept describing the gap in financial standing between different social classes. This phenomenon is apparent in all societies, and had become a dominant fixture of the American financial landscape. In David Leonhardt's essay, he quotes economics professor Thomas Piketty, stating that “inequality is likely to continue increasing for decades.” However, Leonhardt argues that income inequality could be arrested by increasing access to education and creating tax policy that is aimed at the wealthiest

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