Ignoring taxes and transfers, over the past 30 years every income quintile except the lowest has declined in percentage of total income.

Question

Quizplus · Accepted Answer

Over the past 30 years, income inequality has generally increased, meaning higher income quintiles have seen their share of total income grow, not decline, while the lowest quintile has either seen a stagnation or a decline in their share of total income.

Ignoring Taxes and Transfers, Over the Past 30 Years Every