When I first accidentally ran into a video of Nobel Prize winning Paul Krugman explaining the trend in wealth inequality in America, and how among industrialized nations, this trend was unqiue to America (meaning, the usual suspects like globalization and immigration couldn't be so easily scapegoated), there seemed to be very few other sources talking about these trands. I just ran into this piece in the SF gate, which compiles several of these trends and provides easy-to-understand graphs, along with their sources. This one on the right pretty much explains the fallacy behind the assumption that tax decreases on the top earners will have a trickle-down effect, and make everyone better off.Here is the article;
15 Mind-Blowing Facts about Wealth and Ineqiality in America
This is the Paul Krugman video I was referring to.
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