Presents data on the income of households, families, and people in the U.S. for CY 1998 and compares them with data for 1997 &, in some cases, with data for 1989. Changes in income noted in this report are based on real income (after adjusting for inflation). This data was based on approximately 50,000 randomly sampled households nationwide. The official income estimates in this report are based solely on money income before taxes. A separate section of this report discusses the effect of taxes on selected non-cash benefits on household income using model-based approaches to estimating taxes and valuing benefits. Numerous charts and tables.

Featuring a general equilibrium framework that is both cohesive and versatile, the Second Edition of Public Finance: A Normative Theory brings new and updated information to this classic text. Through its concentration on the microeconomic theory of the public sector in the context of capitalist market economics it addresses the subjects traditionally at the heart of public sector economics, including public good theory, theory of taxation, welfare analysis, externalities, tax incidence, cost benefit analysis, and fiscal federalism. Its goal of providing a foundation, rather than attempting to present the most recent scholarship in detail, makes this Second Edition both a valuable text and a resource for professionals. * Second edition provides new and updated information * Focuses on the heart of public sector economics, including public expenditure theory and policy, tax theory and policy, cost benefit-analysis, and fiscal federalism * Features a cohesive and versatile general equilibrium framework

'Income Distribution' was written primarily as a textbook intended for undergraduate economics majors. Each chapter is logically connected with the preceding chapters, providing a general overview of income distribution and its applications.

These essays assess the empirical and theoretical questions raised by inequalities of income and wealth.