NY ups tax on rich, cuts for middle-class

In the article, "NY ups tax on rich, cuts for middle-class," the author mentions that New York is raising tax to 8.82% for those who earn more than $2 million while cutting tax to 6.45% for those who earn $40,000 to $150,000 per year. This remain me about the diagram, "Falling inequality: Share of income earned by top 1%", we discussed in class on 11/29. In the diagram, it mentions that U.S. experienced a falling inequality from 1930s to 1940s and a rising inequality in 1980s. The falling inequality in 1930s to 1940s was due to high school movement and the great depression. The policy that NY is waiting for approved by houses of the legislatures might bring a falling in inequality for the country. Since rich people are paying more tax while middle class are paying less. This might be a good sign for slow down income inequality. For more information: http://www.reuters.com/article/2011/12/07/us-newyorkstate-taxes-idUSTRE7B523L20111207