Posts Tagged ‘Minnesota income inequality’

Counties with Greatest Income Inequality are Also the Poorest

In recent decades, income inequality has increased, both in Minnesota and nationally. New information from the American Community Survey (ACS) shows that U.S. and Minnesota counties with the highest degree of income inequality also have the highest poverty rates and the lowest median incomes, thereby underscoring the devastating impact of income inequality on low- and…

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Income Inequality on Steroids: The Top of the Top 1%

Minnesota is no exception to the national trend of rising income inequality. Previous installments in this series have shown the concentration of income at the top of Minnesota’s income spectrum and the growing gap between the top one percent and middle-income households, especially after adjusting for inflation. However, to fully understand the extent to which…

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Rich Get Richer, Middle Class Not So Lucky

The growing income gap between the top one percent and the less well-off has been documented many times, most recently in two North Star articles. The first of these articles used data from Minnesota Tax Incidence Studies (MTIS) spanning the last quarter century to demonstrate the increased concentration at the top of Minnesota’s income spectrum,…

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Growing Income Gap Between the Top and the Middle

Information from the biennial Minnesota Tax Incidence Study (MTIS) confirms in greater detail what was already known in a broad sense—income inequality in Minnesota is increasing over time. Using data from the thirteen published Incidence Studies, part 1 of this series documented the increased concentration of income among the five percent of households with the…

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A Closer Look at Growing Income Inequality

Increasing income inequality is not only offensive from a fairness perspective, but is also a persistent cause of lackluster economic growth. Last month, a North Star article documented the growing extent of income inequality in Minnesota. Data from the long series of Minnesota Tax Incidence Studies (MTIS) allows us to examine trends in Minnesota income…

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