Well, Reagan does get some of the blame. He made changes to tax policy in 1986 which caused companies to replace non-wage compensation (e.g., company cars) with taxable income.
Since taxable income is included in inequality statistics, but company cars are excluded, this caused a big spike in inequality in 1986.
Since taxable income is included in inequality statistics, but company cars are excluded, this caused a big spike in inequality in 1986.
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