Statement I: One Reason for the Greater Concentration of Wealth

question 273

Multiple Choice

Statement I: One reason for the greater concentration of wealth in the hands of the rich is the slashing of the federal income tax rates paid by the rich over the last three decades.
Statement II: In the U.S.income is more evenly distributed than wealth.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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