Economic Research Report on Income Inequality and Tax Policy

Economic Research Report on Income Inequality and Tax Policy The passage contains only publicly available statistical analysis of income distribution and tax policy, with no mention of specific individuals, financial transactions, or wrongdoing. It offers no actionable investigative leads. Key insights: Transfer payments have shifted away from the lowest income quintile between 1979 and 2010.; Top income earners' federal tax rate fell from 70% in 1979 to 35% in 2012.; Payroll taxes are less progressive than income taxes, affecting lower earners more.