Income Inequality - Inequality.org
WEBOver the past five decades, the top 1 percent of American earners have nearly doubled their share of national income, according to figures in the World Inequality Database.Meanwhile, the Census Bureau’s “official” poverty rate for all U.S. families has merely inched up and down. In 2011, the Census Bureau began publishing a “supplemental” poverty measure that is more accurate but ...
Global Inequality - Inequality.org
WEBGlobal Wealth Inequality. According to the UBS Global Wealth Report, in 2023 the world’s richest 1 percent, those with more than $1 million, owned 47.5 percent of all the world’s wealth – equivalent to roughly $214 trillion. Adults with less than $10,000 make up nearly 40 percent of the world’s population, but hold less than 1 percent ...
Wealth Inequality - Inequality.org
WEBAccording to Institute for Policy Studies analysis of Forbes data, the combined wealth of all U.S. billionaires increased by $2.071 trillion (70.3 percent) between March 18, 2020 and October 15, 2021, from approximately $2.947 trillion to $5.019 trillion. Of the more than 700 U.S. billionaires, the richest five (Jeff Bezos, Bill Gates, Mark ...
Public Interest Groups - Inequality.org
WEBAmericans for Financial Reform. A coalition of more than 200 civil rights, consumer, labor, business, investor, faith-based, and civic and community groups formed in the wake of the 2008 crisis to lay the foundation for a strong, stable, and ethical financial system – one that serves the economy and the nation as a whole. Learn more.
Gender Economic Inequality - Inequality.org
WEBGender Poverty Gaps. The gender poverty gap has not improved significantly over the past half decade. In 1966, 12.1 percent of women and 8.4 percent of men aged 18-64 lived below the official poverty line. In 2021, 11.7 percent of women in this age group were living in poverty, compared to 9.3 percent of men.
America 2018: Even More Gilded Than America 1918 - Inequality.org
WEBSeptember 28, 2018. by Bob Lord. It took 100 years, but America has returned to its unequal past. With a vengeance. The year many consider the height of the Gilded Age, when John D. Rockefeller’s wealth was at its peak, was exactly a century ago, in 1918. By that time, Rockefeller had amassed about $1.2 billion — the equivalent of $340 ...
Eight Ways To Reduce Global Inequality
WEBFeb 11, 2015 · Reversing this trend presents a significant challenge, but one where we’ve seen some progress. Below we offer eight ways to move the world forward in reducing global inequality. 1. Stop Illicit Outflows. In developing countries, inadequate resourcing for health, education, sanitation, and investment in the poorest citizens drives extreme ...
Inequality and Taxes - Inequality.org
WEBThis results in the poorest families paying a larger share of their income on state and local taxes than the rich. According to a 2024 Institute on Taxation and Economic Policy report, the poorest 20 percent of Americans face an average effective state and local tax rate of 11.3 percent, while the top 1 percent’s average rate is just 7.2 percent.
Racial Economic Inequality - Inequality.org
WEBRacial Income Inequality. In 2021, Fortune 500 CEOs, who earned $18.3 million on average, included just four Black and 17 Latino people — just 4 percent of the total. By contrast, these groups made up 43 percent of the U.S. workers who would benefit from a raise in the federal minimum wage to $15 per hour by 2025, according to Institute for ...
Hondurans Protest as Elites Attempt to Use Pandemic to Enrich ...
WEBApr 21, 2020 · The Honduran government’s response to the pandemic is a textbook example of how the rich and powerful use a crisis to grab and profit as much as they can through undemocratic means. Of course, “disaster capitalism” isn’t new in Honduras, whose people have faced shock after shock since the 2009 …
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