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Inheritance And Wealth In America

Inheritance and Wealth in America PDF
Author: Robert K. Miller Jr.
Publisher: Springer Science & Business Media
ISBN: 1489919317
Size: 55.78 MB
Format: PDF
Category : Social Science
Languages : en
Pages : 226
View: 5494

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Inheritance and Wealth in America is a superb collection of original essays, written in nontechnical language by experts in sociology, economics, anthropology, history, law, and other disciplines. Notable chapters provide - an outstanding interpretative history of inheritance in American legal thought - a critical review of the literature on the economics of inheritance at the household and societal levels - a superb history of Federal taxation of wealth transfers, and - a sociological examination of inheritance and its role in class reproduction and stratification. This groundbreaking work is of value to any researcher dealing with the transmission of wealth and privilege across generations.

Inheriting Wealth In America

Inheriting Wealth in America PDF
Author: Edward N. Wolff
Publisher: Oxford University Press, USA
ISBN: 0199353956
Size: 45.65 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 258
View: 2520

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Inheritances are often regarded as a great 'evil', enabling great fortunes to be passed from one generation to another, exacerbating wealth inequality, and reducing wealth mobility. Using data from the Survey of Consumer Finances, the Panel Study of Income Dynamics, and a simulation model over years 1989 to 2010, the author reports six major findings.

Unequal Chances

Unequal Chances PDF
Author: Samuel Bowles
Publisher: Princeton University Press
ISBN: 0691136203
Size: 10.26 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 304
View: 2225

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'Unequal Chances' explores the influence of family background on the achievement of economic success in the US. Contributors discuss education, genetic inheritance of IQ, racial influences, inheritance of wealth, and parent-offspring similarities in personality and behaviour.

Inheritance In America

Inheritance in America PDF
Author: Carole Shammas
Publisher:
ISBN:
Size: 26.48 MB
Format: PDF, ePub
Category : Inheritance and succession
Languages : en
Pages : 320
View: 7158

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The Hidden Cost Of Being African American

The Hidden Cost of Being African American PDF
Author: Thomas M. Shapiro
Publisher: Oxford University Press, USA
ISBN: 9780195151473
Size: 48.18 MB
Format: PDF, Mobi
Category : Business & Economics
Languages : en
Pages : 238
View: 3878

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Shapiro, the author of "Black Wealth/White Wealth, " blends personal stories, interviews, empirical data, and analysis to illuminate how family assets produce dramatic consequences in the everyday lives of ordinary citizens.

Wealth In America

Wealth in America PDF
Author: Lisa A. Keister
Publisher: Cambridge University Press
ISBN: 9780521627511
Size: 47.97 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 307
View: 373

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Utilizing existing data and new research methods, Keister examines househould wealth distribution from 1962 to 1995.

Inherited Wealth

Inherited Wealth PDF
Author: Jens Beckert
Publisher: Princeton University Press
ISBN: 0691187401
Size: 59.55 MB
Format: PDF
Category : Social Science
Languages : en
Pages :
View: 1533

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Top Heavy

Top Heavy PDF
Author: Edward N. Wolff
Publisher: Brookings Inst Press
ISBN:
Size: 38.10 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 93
View: 1573

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Once considered the land of opportunity, it is thought that America now has a gap between the haves and the have-nots that is much wider than in Europe, and that the concentration of wealth is at its highest point since World War II. This book places the distribution of household wealth in the USA in a historical and international context. The book aims to establish long-term trends of American wealth inequality and compares them with those of the UK, Sweden, and France. It then points out that a majority of OECD countries have a wealth tax, and explores the potential benefits and costs of a wealth tax in the US along the lines of levies that many European nations charge.

Inheritance In Contemporary America

Inheritance in Contemporary America PDF
Author: Jacqueline L. Angel
Publisher: JHU Press
ISBN: 9780801887635
Size: 31.82 MB
Format: PDF, ePub, Mobi
Category : Medical
Languages : en
Pages : 177
View: 5659

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With the baby boom generation on the cusp of retirement, life expectancies on the rise, and the nation’s cultural makeup in flux, the United States is faced with social and policy quandaries that demand attention. How are elders to balance the competing claims of helping family members during their lifetime, saving for old age, and planning estates? What roles should the state, family, and individuals play in supporting people during later life? Are new familial gift-giving trends sustainable, and, if so, what effects might they have on future generations? Inheritance in Contemporary America tackles the complex legal, policy, and emotional issues that surround bequests and inheritances in an era of increasing longevity, broadening ethnicity, and unraveling social safety nets. Through empirical analyses, case studies, interviews, and anecdotes, Jacqueline L. Angel explains the historical nature of familial giving and how it is changing as the nation’s demographics shift. She explores the legal, personal, and policy complexities involved in passing wealth down through generations and provides a cross-disciplinary context for exploring the indelible effects that newly unfolding inheritance practices will have on various societal cohorts and the nation in general. From nuclear and extended families to the state and nongovernmental bodies, Angel’s engaging study explores how attitudes toward giving are evolving and confronts in stark terms the legacy that these shifts in attitude will leave. This book will be a vital tool for scholars and practitioners in gerontology, sociology, psychology, anthropology, economics, political science, and public policy.

Death Deeds And Descendents

Death  Deeds  and Descendents PDF
Author: Remi Clignet
Publisher: Routledge
ISBN: 1351523449
Size: 17.41 MB
Format: PDF
Category : Social Science
Languages : en
Pages : 236
View: 5174

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Clignet's analysis of inheritance patterns in modern America is the first sustained treatment of the subject by a sociologist. Clignet shows that even today inheritance serves to perpetuate both familial wealth and familial relations. He examines what leads decedents to chose particular legal instruments (wills, trusts, insurance policies, gifts inter vivos) and how, in turn, the instrument chosen helps explain the extent and the form of inequalities in bequests, of a result of the gender or matrimonial status of the beneficiaries. The author's major is to identify and explain the most significant sources of variations in the amount and the direction of transfers of wealth after death in the United States. He uses two kinds of primary data: estate tax returns filed by a sample of male and female beneficiaries to estates in 1920 and 1944, representing two successive generations of estate transfers, and publicly recorded legal instruments such as wills and trusts. In addition, Clignet draws widely on secondary sources in the fields of anthropology, economics, and history. His findings reflect substantive and methodological concerns. The analysis underlines the need to rethink the sociology of generational bonds, as it is informed by age and gender. Death, Deeds, and Descendants underscores the variety of forms of inequality that bequests take and highlights the complexity of interrelations between the cultures of the decedents' nationalities and issues like occupation and gender. Inheritance is viewed as a way of illuminating the subtle tensions between continuity and change in American society. This book is an important contribution to the study of the relationship between sociology of the family and sociology of social stratification.

A Century Of Wealth In America

A Century of Wealth in America PDF
Author: Edward N. Wolff
Publisher: Harvard University Press
ISBN: 0674495144
Size: 21.30 MB
Format: PDF
Category : Households
Languages : en
Pages : 865
View: 251

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Understanding wealth--who has it, how they acquired it, how they preserve it--is crucial to addressing challenges facing the United States. Edward Wolff's account of patterns in the accumulation and distribution of U.S. wealth since 1900 provides a sober bedrock of facts and analysis. It will become an indispensable resource for future public debate.

Getting Rich

Getting Rich PDF
Author: Lisa A. Keister
Publisher: Cambridge University Press
ISBN: 9780521536677
Size: 69.86 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 310
View: 5922

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Although basic facts about wealth inequality are no longer a mystery, we still know very little about who the wealthy are, how they got there, and what prevents other people from becoming rich. That is, we know very little about the process of wealth mobility. This book explores wealth by investigating some of the most basic questions about wealth mobility. How much mobility is there? Has the nature of mobility changed over time? Is entrepreneurship important? How much does inheritance matter? What other factors encourage or prevent wealth mobility, and how do these change over the course of a person's life?

Inheritance Of Wealth

Inheritance of Wealth PDF
Author: Daniel Halliday
Publisher: Oxford University Press
ISBN: 0192524992
Size: 60.98 MB
Format: PDF
Category : Philosophy
Languages : en
Pages : 256
View: 659

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Daniel Halliday examines the moral grounding of the right to bequeath or transfer wealth. He engages with contemporary concerns about wealth inequality, class hierarchy, and taxation, while also drawing on the history of the egalitarian, utilitarian, and liberal traditions in political philosophy. He presents an egalitarian case for restricting inherited wealth, arguing that unrestricted inheritance is unjust to the extent that it enables and enhances the intergenerational replication of inequality. Here, inequality is understood in a group-based sense: the unjust effects of inheritance are principally in its tendency to concentrate certain opportunities into certain groups. This results in what Halliday describes as 'economic segregation'. He defends a specific proposal about how to tax inherited wealth: roughly, inheritance should be taxed more heavily when it comes from old money. He rebuts some sceptical arguments against inheritance taxes, and makes suggestions about how tax schemes should be designed.

The Transfer Of Trust

The Transfer of Trust PDF
Author:
Publisher:
ISBN:
Size: 16.72 MB
Format: PDF, ePub, Mobi
Category : Inheritance and succession
Languages : en
Pages : 28
View: 4144

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Forty per cent of the globe's wealthy population has direct experience of their family fortune leading to disputes, but the percentage is even higher in India, where 61 per cent of the rich have seen relationships deteriorate into feuds over money, according to the report. In contrast, 53 per cent of respondents in Singapore, 51 per cent in Hong Kong and 51 per cent in Monaco have experienced family tension as a result of wealth, as against just 11 per cent in Qatar. The report also reveals that 35 per cent of global high net worth individuals do not trust their children or step-children to protect their inheritance. It is based on a global survey of more than 2,000 high net worth individuals. Globally, developed countries display higher levels of uncertainty when it comes to trusting their children and stepchildren to look after their wealth. Respondents in the Middle East (78 per cent), Africa (77 per cent) and Latin America (75 per cent) show high levels of trust in their children and step-children when it comes to money management and protecting their inheritance when compared to Australia (59 per cent), North America (61 per cent) and Europe (62 per cent). Thirty-five per cent of respondents in the UK and the same number in Ireland also shared this view, bringing to life the concern parents have when it comes to wealth and succession. However, an unfortunate drawback of wealth is its ability to cause conflict - and in the context of succession - family conflict. This report also has shed light on some of the complications associated with succession planning. There is a clear desire to pass wealth on, but individuals and families need to plan this process carefully to avoid conflict and achieve happiness.

Social Issues In America

Social Issues in America PDF
Author: James Ciment
Publisher: Routledge
ISBN: 1317459717
Size: 24.35 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 2030
View: 7529

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Truly comprehensive in scope - and arranged in A-Z format for quick access - this eight-volume set is a one-source reference for anyone researching the historical and contemporary details of more than 170 major issues confronting American society. Entries cover the full range of hotly contested social issues - including economic, scientific, environmental, criminal, legal, security, health, and media topics. Each entry discusses the historical origins of the problem or debate; past means used to deal with the issue; the current controversy surrounding the issue from all perspectives; and the near-term and future implications for society. In addition, each entry includes a chronology, a bibliography, and a directory of Internet resources for further research as well as primary documents and statistical tables highlighting the debates.

The America Millionaire Live Next Door

The America Millionaire   Live Next Door PDF
Author: David Bertel
Publisher:
ISBN:
Size: 28.79 MB
Format: PDF, Docs
Category :
Languages : en
Pages : 262
View: 1316

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Building wealth can be one of the most exciting and rewarding undertakings in a person's life. The study results showed that even though millionaires have different ways of making money. America's wealthy seldom get that way through an inheritance or an advanced degree. They bargain-shop for used cars, raise children who don't realize how rich their families are, and reject a lifestyle of flashy exhibitionism and competitive spending. In fact, the glamorous people many of us think of as "rich" are actually a tiny minority of America's truly wealthy citizens--and behave quite differently than the majority.

The America Millionaire Group

The America Millionaire Group PDF
Author: Emile Iracheta
Publisher:
ISBN:
Size: 67.37 MB
Format: PDF
Category :
Languages : en
Pages : 262
View: 7708

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Building wealth can be one of the most exciting and rewarding undertakings in a person's life. The study results showed that even though millionaires have different ways of making money. America's wealthy seldom get that way through an inheritance or an advanced degree. They bargain-shop for used cars, raise children who don't realize how rich their families are, and reject a lifestyle of flashy exhibitionism and competitive spending. In fact, the glamorous people many of us think of as "rich" are actually a tiny minority of America's truly wealthy citizens--and behave quite differently than the majority.

The Millionaire Living Next Door

The Millionaire Living Next Door PDF
Author: Helga Barlett
Publisher:
ISBN:
Size: 22.72 MB
Format: PDF
Category :
Languages : en
Pages : 262
View: 2685

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Building wealth can be one of the most exciting and rewarding undertakings in a person's life. The study results showed that even though millionaires have different ways of making money. America's wealthy seldom get that way through an inheritance or an advanced degree. They bargain-shop for used cars, raise children who don't realize how rich their families are, and reject a lifestyle of flashy exhibitionism and competitive spending. In fact, the glamorous people many of us think of as "rich" are actually a tiny minority of America's truly wealthy citizens--and behave quite differently than the majority.

How Rich Is Too Rich

How Rich is Too Rich  PDF
Author: Herbert Inhaber
Publisher: Praeger Pub Text
ISBN: 9780275936198
Size: 13.36 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 252
View: 6694

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Discusses income taxes, subterranean income, and the distribution of wealth, suggests a reform in inheritance taxes, and argues that such a change could help the overall economy