The wealthiest 20 percent of the global population receives about what share of all global income

I Believe the answer is: 74%

and the majority of those 20% of the wealthiest people live in united states. Some experts argue that this number is obtained by winning the competition in the market while some experts believe this number because not all people are able to compete in fair ground due to current resource allocation.

The reason behind the federal tax reform in 1986 was that the tax code favored the rich and the powerful. The correct option among all the options given in the question is option "a". President Reagan wanted uniformity and neutrality in the tax structure. He wanted to block all the loopholes and reduce individual taxes marginally and raise the corporate taxes.