Top heavy the increasing inequality of wealth in America and what can be done about it

Wolff, Edward N

Top heavy the increasing inequality of wealth in America and what can be done about it - New York The New Press 1995 - ix,111 p. 22 cm.

"An expanded edition of a Twentieth Century Fund report."

Includes bibliographical references and index.

Foreword / Introduction -- Why Wealth? -- Household Wealth Inequality in the United States: Present Level and Historical Trends -- The Changing Structure of Household Wealth -- Comparisons with Other Countries -- Comparisons of Income Inequality -- Current Systems of Wealth Taxation -- Simulations of Direct Wealth Taxation in the United States -- Concluding Remarks -- Postscript. Richard C. Leone -- 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Top Heavy provides the clearest picture available of the growing gap between rich and poor in America, and a compelling proposal to help correct it. In the second part of the book, Wolff examines the varying wealth taxes in Europe and proposes a progressive alternative to the "flat tax" for the United States - a Swiss-style, direct wealth tax that would raise about $40 billion per year. Top Heavy is a compelling argument for reaffirming the principle that taxation should be based on ability to pay and a persuasive plan for correcting some of the vast and growing inequities in American society.

9781565843479


Wealth tax--United States.
Income distribution--United States.

336.22 / WO-T

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