Paul L. Caron
Dean



Wednesday, November 4, 2015

Income Inequality Decreased Significantly in 2013

Scott Greenberg (Tax Foundation), Income Inequality Decreased Significantly in 2013:

The top 1% of American households made a smaller share of national income in 2013 than 2012, according to new statistics from the IRS. Overall, the recently released statistics show a more equal income distribution in 2013 than the year before.

Tax Foundation

In 2013, the 1% highest-income households earned 19.04 percent of all adjusted gross income reported on tax returns. This figure is down from 2012, when the top 1% of households earned 21.86 percent of adjusted gross income. Overall, the share of income earned by the top 1% of households shrunk by roughly 13 percent in 2013.

Looking at figures from other income groups, it is clear that income inequality decreased across the board in 2013.

https://taxprof.typepad.com/taxprof_blog/2015/11/income-inequality-decreased-significantly-in-2013.html

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