Calculate the income shares of each quintile after tax and redistribution. Table 1 shows the distribution of
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Calculate the income shares of each quintile after tax and redistribution.
Table 1 shows the distribution of market income in an economy and Table 2 shows how the government taxes and redistributes income.
Table 1
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TABLE 1 MARKET INCOME Households Lowest 20 percent Second 20 percent Third 20 percent Fourth 20 percent Highest 20 percent Income (millions of dollars per year) 5 10 18 28 39
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