"Since the 1970s, income inequality in the United States has increased at a historic rate. In 1970, the richest 1 percent of Americans enjoyed 9 percent of total national pre-tax income. In 2011, by contrast, that share had risen to 19.8 percent. And this large increase in inequality has not been softened by more progressive tax policy. Tax rates on the top 1 percent of taxpayers have fallen over the same period.
"Such a reshaping of the income distribution was unlikely to go unnoticed, and indeed, surveys show that Americans are generally knowledgeable about the rise in income inequality. Using survey data from 2002, the political scientist Larry M. Bartels showed that three-quarters of Americans believed inequality has increased over the previous two decades. The majority of those respondents said this trend was a 'bad thing.'
"And yet over the past 30 years, Americans have also become less supportive of government efforts to redistribute from high- to low-income households." ...
"On one hand, liberals can take heart in the news that Americans are deeply troubled about the current level of income inequality. On the other hand, conservatives may be glad to hear that despite this concern, Americans have a healthy skepticism that government can be trusted to do much about it."Our Feelings About Inequality: It’s Complicated (NYT)