Americans and income inequality
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High executive pay and bailouts may have exacerbated class differences lately. But political scientist Larry Jacobs says people still aspire to move up the income ladder and so have a nuanced view of class. And some say they would pay higher taxes to give others a chance to move up.
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Larry Jacobs: Professor of political science and director of the Humphrey Institute's Center for the Study of Politics and Governance. He is the co-author with Benjamin Page of the new book, "Class War?: What Americans Really Think about Economic Inequality."
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