wealth

Treasury Finds Wealthiest 1 Percent Dodge Over $160 Billion in Taxes Yearly
Treasury Finds Wealthiest 1 Percent Dodge Over $160 Billion in Taxes Yearly
The Treasury Department found taxes owed by the ultra rich equal all income taxes paid by the bottom 90 percent yearly. ...[Read more]
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‘Which Side Are You On?’: Poor People’s Campaign Pressures US Senate on Democracy and Justice
‘Which Side Are You On?’: Poor People’s Campaign Pressures US Senate on Democracy and Justice
Beginning with a "massive national call-in to every U.S. senator," the Poor People's Campaign on Monday launched a monthlong campaign to push Congress to eliminate the 60-vote filibuster, pass the For the People Act, restore the gutted Voting Rights Act, ...[Read more]
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Analysis Shows Richest 10% Now Own Nearly 70% of All Household Wealth in US
Analysis Shows Richest 10% Now Own Nearly 70% of All Household Wealth in US
More than a year after the coronavirus pandemic and the corresponding economic crisis began, a new analysis out Wednesday shows that as 2020 ended, the richest 10% of Americans possessed just under 70% of the nation's household wealth. According to the r ...[Read more]
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Age, race, education – no matter how you slice it, wealth inequality in the US is astronomical
Age, race, education – no matter how you slice it, wealth inequality in the US is astronomical
Wealth inequality is basically the same everywhere. The top 10 percent tends to own around 70 percent of the wealth. The next 10 percent tends to own around 10 to 15 percent of the wealth. And everyone else in a particular group owns a relatively negligib ...[Read more]
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