NCPA Media: NCPA in the News

  • Jul 28, 2003

    Rich Got Richer, Study Says, But So Did Those At Bottom

    Recently, I discussed new Internal Revenue Service data showing that the share of total income going to the richest 400 individuals has increased. However, income is an imprecise measure of well-being. That is better measured by wealth. A new study by the Federal Reserve sheds important light on the distribution of wealth in the United States.