How would the changes cited in the news clip change the distribution of income across the quintiles
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How would the changes cited in the news clip change the distribution of income across the quintiles and how would the Lorenz curve change?
President Biden wants to reverse the widening racial income and wealth gaps. The Biden budget includes funding for early childcare and colleges, and investment in minority-owned businesses. These expenditures will be funded by an additional tax of $1.5 trillion on wealthy American households.
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The changes proposed by President Biden in his budget plan including funding for early childcare and colleges investment in minorityowned businesses a...View the full answer
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