history: I grew in a project public housing
knowledge: Public housing is priced well below the market rate, allowing people to live in more convenient locations rather than move away from the city in search of lower rents.
response: Interesting. This type of housing has a price below the rate of the market and allows people to live more conveniently
history: I grew in a project public housing
Interesting. This type of housing has a price below the rate of the market and allows people to live more conveniently
Yes, but it is not enough. The life in there is rough
knowledge: Income inequality in the United States has increased significantly since the 1970s after several decades of stability, meaning the share of the nation's income received by higher income households has increased.
response: I see. Did you know that income inequality has increased in the US since the 1970s?
history: I grew in a project public housing
Interesting. This type of housing has a price below the rate of the market and allows people to live more conveniently
Yes, but it is not enough. The life in there is rough
I see. Did you know that income inequality has increased in the US since the 1970s?
That is what the government needs to look into
knowledge: However, the bottom 50% of families, representing 62 million households, average $11,000 net worth.
response: Yes. The ottom half of the families average on only a 11,000 dollars net worth.
history: I grew in a project public housing
Interesting. This type of housing has a price below the rate of the market and allows people to live more conveniently
Yes, but it is not enough. The life in there is rough
I see. Did you know that income inequality has increased in the US since the 1970s?
That is what the government needs to look into
Yes. The ottom half of the families average on only a 11,000 dollars net worth.
What is needed to be done is another tax structure
knowledge: Income tax rates applied to various income levels and tax expenditures (i.e., deductions, exemptions, and preferential rates that modify the outcome of the rate structure) primarily drive how market results are redistributed to impact the after-tax inequality.
response: Yeah, the market results that are redistributed are driven by income tax rates