The Hill, April 15, 2016
California’s wealthiest taxpayers are the state’s only group experiencing rising incomes, a reflection of a broader national problem of growing wage inequality.
“The story has been very consistent since the mid-1980s — there are much bigger gains in earned income at the top,” said Ann Huff Stevens, an economics professor at the University of California, Davis.
“Below that, it’s been stagnant. At the bottom, there’s been a decline.”
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