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The economic prospects of rich and poor Americans had long been diverging. The pandemic finally completed the break.
The pandemic worsened inequality so much it will take a decade for lower-income Americans to recover. .....»»
‘Trickle-down’ tax cuts make the rich richer but are of no value to overall economy, study finds
Data spanning 50 years and 18 countries shows lowering tax rates for the wealthy increases inequality......»»
Americans know wealth inequality is a problem, but what does it look like?
The growing gap between rich and poor Americans is one of the U.S.’s biggest challenges, with the top 1% controlling more wealth now than at any time in the last 50 y.....»»
What viral budgets reveal about the rich
Income inequality and geographic inequality normalize absurd spending patterns......»»
What viral budgets reveal about the rich
Income inequality and geographic inequality normalize absurd spending patterns......»»
America"s Next Crisis:Â Health Gap Between Rich And Poor WidensÂ
Health inequality has flourished across America over the last two decades, according to new research published by JAMA Network Open. Researchers Frederick J. Zimmerman, Ph.D., and Natha.....»»
Record-long U.S. economic expansion fuels inequality
The rich have gotten richer and the poor have gotten poorer during the past decade as the U.S. economy celebrates the longest-ever period without a recession......»»
How do rich neighborhoods exist so close to poor ones?
The research of the Harvard economist Raj Chetty shows that the scale of inequality is incredibly small......»»
These 15 countries have the widest gaps between rich and poor
To study income inequality, 24/7 Wall St. analyzed data from 42 countries to identify those with the widest gaps between the r.....»»
Is 3 & 30 the new 2 & 20?
The rich get richer while the rest of us fall further behind. If that sounds like a complaint about income inequality from Alexandria Ocasio-Cortez, it’s not. .....»»
Key Words: Private-equity billionaire on fixing income inequality: Teachers shouldn’t be taxed
Blackstone CEO and Chairman Steve Schwarzman describes his “Marshall Plan†for the middle class to combat the widening gap between the rich and the poor in the United States......»»
These CEOs Make 1,000 Times More Than Their Employees
Income inequality is a growing problem in the United States. In cities across the country, the rich are getting richer while the poor are getting poorer. Perhaps nowhere is the problem more apparent........»»
In One Chart: How economic inequality is killing us
“Self-destruction isn’t a bug, it’s a feature of our socio-economic system,†writes Charles Hugh Smith of the OfTwoMinds blog. In other words, the widening chasm between the rich and the poor is killing us. Not in a spiritual way. Literally......»»
Countries With the Widest Gaps Between Rich and Poor
Income inequality is a growing issue in the United States, garnering increasing political attention as the middle class continues to shrink and the gap between the rich and the poor grows. Still,........»»
Portland Punishes Pay-Gap Extremes: Imposes 25% Tax On Firms With High Relative CEO Pay
Soaring income inequality - among all the 'inequalities' - has become the bete noire of many in America as the financialization of society has led to the rich getting richer at the expense of the masses. And now, for th.....»»
Study: Asians displace blacks as most economically divided group
Income inequality has been growing steadily among all Americans since the 1970s but the gap between rich and poor is growing most rapidly among Asians in the U.S., according to a new study. .....»»
Study finds rich are getting richer and poor are getting poorer
Income inequality in the United States is growing, contrary to previous decades where the gap narrowed......»»
As inequality grows, so does the political influence of the rich
Concentrated wealth leads to concentrated power.....»»
As inequality grows, so does the political influence of the rich
Concentrated wealth leads to concentrated power.....»»
Howard Gold"s No-Nonsense Investing: Boomers and upper-middle class to America: Don’t blame us for economy’s problems
Wealth inequality in the U.S. has more to do with corporate interests and the ultra-rich, writes Howard Gold......»»