Data on Distribution of Wealth in the United States: Hearings Before the Task Force on Distributive Impacts of Budget and Economic Policies of the Committee on the Budget, House of Representatives, Ninety-fifth Congress, First Session, September 26 and 29, 1977 |
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Page 9
... corporate stock in America . One can say that top 1 percent of the population literally controls all corporate assets in the United States via that half of the value of corporate shares . Now consider trust assets , a particularly ...
... corporate stock in America . One can say that top 1 percent of the population literally controls all corporate assets in the United States via that half of the value of corporate shares . Now consider trust assets , a particularly ...
Page 19
... Corporations finance the purchase of capital goods by retaining earnings . In large measure , however , saving and investing are done by different units . That is , saving is done primarily by individuals and fami- lies ; capital ...
... Corporations finance the purchase of capital goods by retaining earnings . In large measure , however , saving and investing are done by different units . That is , saving is done primarily by individuals and fami- lies ; capital ...
Page 24
... corporate retained earnings . The latter is a proxy for the permanent component of capital gains . The method of estimation used was ordinary least squares . The regression coefficients pass standard statistical signifi- cance tests ...
... corporate retained earnings . The latter is a proxy for the permanent component of capital gains . The method of estimation used was ordinary least squares . The regression coefficients pass standard statistical signifi- cance tests ...
Page 26
... corporate capital , 1948-73 Percent per year 20 After - tax nominal 15 10 5 rate of return After - tax genuine rate of return 0 1950 1955 1960 1965 1970 1973 Source : William D. Nordhaus , The Falling Share of Profits ( Brookings Papers ...
... corporate capital , 1948-73 Percent per year 20 After - tax nominal 15 10 5 rate of return After - tax genuine rate of return 0 1950 1955 1960 1965 1970 1973 Source : William D. Nordhaus , The Falling Share of Profits ( Brookings Papers ...
Page 29
... corporate stock - would this be half of personal holdings ? Mr. SMITH . Yes ; personally held corporate stock . Mr. FRASER . Was held by the top 1 percent . And here I just want to be sure , the top 1 percent refers to the top 1 percent ...
... corporate stock - would this be half of personal holdings ? Mr. SMITH . Yes ; personally held corporate stock . Mr. FRASER . Was held by the top 1 percent . And here I just want to be sure , the top 1 percent refers to the top 1 percent ...
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Common terms and phrases
accumulated administrative agencies aggregate analysis benefits Budget Bureau of Economic capital formation Census Census Bureau Committee concerning confidentiality CONGRESS THE LIBRARY Consumer Expenditure Survey consumer expenditures consumption data collection disclosure distribution of wealth DUNCAN equity estate tax returns estimates Expenditure Survey Federal Reserve Board Federal Reserve System Federal statistical files financial assets FOIA FRASER growth Health Statistics housing identifiable data impact important income distribution income tax increase individual inflation informed consent Internal Revenue Service investment Jack Carlson liabilities LIBRARY OF CONGRES LIBRARY OF CONGRESS MCCLUNG measurement ment microdata MORGAN National output pension rights personal income population problems PROJECTOR protection purposes questions recent records research data respondents retirement sample sector Simon Kuznets Smith social security sources statistical and research statistical or research sumer tangible assets tion transfer wealth data wealth distribution wealth holders
Popular passages
Page 76 - Whoever, being an officer or employee of the United States or of any department or agency thereof, publishes, divulges, discloses, or makes known in any manner or to any extent not authorized by law...
Page 96 - Stat. 443), shall apply with respect to any individual who specifically claims such privilege. (c) No department, agency, or official exercising any functions under this act shall publish or disclose information obtained hereunder which is deemed confidential or with reference to which a request for confidential treatment is made by the person furnishing such information unless the head of such department or agency determines that the withholding thereof is contrary to the national interest.
Page 76 - ... any income return, or to permit any income return or copy thereof or any book containing any abstract or particulars thereof to be seen or examined by any person except as provided by law...
Page 82 - Copies of census reports which have been so retained shall be immune from legal process, and shall not, without the consent of the individual or establishment concerned, be admitted as evidence or used for any purpose in any action, suit, or other judicial or administrative proceeding.
Page 100 - ... (B) The Commission shall include in its examination a study of — (i) whether a person engaged in interstate commerce who maintains a mailing list should be required to remove an individual's name and address from such list upon request of that individual...
Page 89 - Welfare by the Commissioner of Internal Revenue, or of any file, record, report, or other paper, or any information, obtained at any time by the Secretary or by any officer or employee of the Department of Health, Education, and Welfare in the course of discharging the duties of the Secretary under this...
Page 86 - Act shall be used only for the statistical purposes for which it is supplied. No publication shall be made by the Census Office whereby the data furnished by any particular establishment or individual can be identified, nor shall the Director of the Census permit anyone other than the sworn employees of the Census Office to examine the individual reports.
Page 79 - ... Security Administration, which has relied on applying a broad secretarial discretion to identify matters which should be "specifically exempted from disclosure by statute." Exemption (4) deals primarily with business records. Case law was developed to bring under this exemption that information which would result in significant competitive injury to a company or the disclosure of which would impair the Government's ability to obtain the necessary information in the future. Exemption (6) deals...
Page 78 - (2) related solely to the internal personnel rules and practices of an agency; "(3) specifically exempted from disclosure by statute (other than section 552b of this title), provided that such statute (A) requires that the matters be withheld from the public in such a manner as to leave no discretion on the issue, or (B) establishes particular criteria for withholding or refers to particular types of matters to be withheld...
Page 81 - ... (2) make any publication whereby the data furnished by any particular establishment or individual under this title can be identified; or (3) permit anyone other than the sworn officers and employees of the Department or Bureau or agency thereof to examine the individual reports.