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If it feels like the U.S. has gotten more unequal over the past 50 years – well, that’s because it has. That’s according to sociologist Nathan Meyers, who studies how the American economy has transformed since the mid-20th century. His research finds that economic gains since 1970 have disproportionately gone to business owners rather than workers. 



The tax bill Donald Trump recently signed into law is likely to widen the divide. The poorest Americans will be paying $1,600 more annually as a result, according to the nonpartisan Congressional Budget Office, while the wealthiest will be gaining an extra $12,000 a year.

The effects will go beyond dollars and cents. As Meyers notes, economic inequality is linked to a host of social problems: worsening public health, political corruption, a collapse in civic trust and even family difficulties. In other words, a crisis decades in the making is about to get worse.

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Tracy Walsh

Economy + Business Editor

Demonstrators march outside the U.S. Capitol during the Poor People’s Campaign rally at the National Mall in Washington on June 23, 2018. AP Photo/Jose Luis Magana

Inequality has risen from 1970 to Trump − that has 3 hidden costs that undermine democracy

Nathan Meyers, UMass Amherst

The Republican tax bill is set to worsen inequality, government data shows. It’s part of a 50-year trend that’s affecting the social fabric as well as the economy.

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