WHERE WEALTH LIVES.

Authors :: Mandel, Michael J.
Dunham, Richard S.
Source :: BusinessWeek; 4/19/2004, Issue 3879, p34-37, 4p, 2 Color Photographs, 1 Chart, 4 Graphs
Publication Year :: 2004
Abstract: Contends that the productivity boom has made asset owners rich and left wage-earners behind. Continuing profit of asset owners from weak wage growth and strong productivity; Electioneering claim by George W. Bush of an ownership society and tax cuts; Growing reach and efficiency of financial markets; Worldwide assets due to globalization; Impact of tax code changes over the past 12 years.