Tag: Tax Code

Prosperity Watch: Income inequality grows in North Carolina, likely slowing economic growth

October 10, 2012 at 12:03 pmCategory:NC Budget and Tax Center

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Income inequality in America has been building for decades. Just last year, income inequality set a  modern record—and the roots of the problem are the jobs deficit, the acceleration of low-wage jobs, and the tax code. As discussed in the latest issue of Prosperity Watch, income inequality is widespread and growing in North Carolina, with the top fifth of households holding over half of all state income. For more details, visit Prosperity Watch.