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Income Distribution and Executive Salaries Abstract This papers main topic is income distribution The paper begins with definitions of the terms income and distribution Also the paper defines a social class and provides a breakdown of the seven different social classes within the United States Additionally the term household is defined These definitions are provided to lend support to the paper The paper goes on to discuss some reasons for the disparity in income distribution within the United States and some possible reasons for this disparity in income distribution The paper closes with a brief discussion about executive salaries and the disapproval and contempt these salaries bring out in Americans The paper concludes with the argument that America should closely look at our nations foreign policy to ease the disparity in income distribution Income Distribution and Executive Salaries Of the people for the people by the people Cato Institute 2000 p 10 are famous words indeed However many in America today believe Of the rich for the rich by the rich have replaced these words Could the reason for this opinion be that our economy produces remarkable wealth and people feel that maybe there are not getting their fair share Perhaps Could another reason for this opinion be that our wealth is not evenly distributed Could an additional reason for this opinion be the reports and controversies about executive salaries This paper will attempt to answer these questions but leave the reader to form his or her own opinions The paper will start by defining income defining distribution define social classes and household provide statistical data concerning income distribution discuss possible reasons for income distribution disparity within the United States and discuss executive salaries Discussion Websters 1988 p 682 defines income as the money or other gain received in a given period For purposes of this paper the terms money and income will be synonymous
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