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The Effect of Conservative Agenda in the United States on the Income Shares of the Highest Income Groups

WILLIAM R. DIPIETRO & EMMANUEL ANORUO

One of the most essential consequences of public policy is its potential effect on income inequality. Individuals with high incomes tend to have a conservative disposition and to adhere to a conservative philosophy. In the United States, in recent times, the conservatives have been advocating smaller government, lower taxes, and high levels of defense spending. This paper uses regression analysis on annual data to evaluate whether some of the major features of the U.S. conservative agenda favor the concentration of income in the very highest income groups in the U.S.