Mar 18, 2024 · Four years ago, the United States entered the Covid-19 pandemic. Forbes published its 34th annual billionaire survey shortly after with data keyed to March 18, 2020. On that day, the United States had 614 billionaires who owned a combined wealth of $2.947 trillion.

Over 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 …

Inequality.org. is your online portal to data, analysis, and commentary on income and wealth inequality. You'll find on these pages information and insights that can help you better understand our deeply unequal world — and how we can work to change it.

Throughout the U.S. workforce, women remain vastly underpaid. Institute for Policy Studies analysis of U.S. Census Bureau Data finds that among full-time workers, women earned an average of 83 cents for every dollar a man earned in 2021, up from 76 cents in 2001. The narrowing of the pay gap has slowed in the past two decades compared to earlier decades when women were joining the workforce in ...

Sep 17, 2024 · There are now 801 billionaires based in the United States with a combined wealth totaling $6.22 trillion, according to an Institute for Policy Studies analysis of the Forbes Real Time Billionaire List.. The total number of billionaires is down 11 people as of September 13, 2024 from April when Forbes published their 38 th annual World’s Billionaire List.

Racial Wealth Divide. By the middle of the 21st century, the United States will be a “majority minority” nation. If we hope to ensure a strong middle class, historically the backbone of the national economy, then improving the financial health of households of color will become even more urgent than it is today.

Nov 21, 2024 · The park’s management is offering relocation assistance and has put together a financial incentive package of $14,000 to homeowners who vacate the park within the next couple of months. But given the shortage of available affordable housing units in Miami-Dade, residents of Li’l Abner are right in saying that this sum of money is not enough.

Feb 24, 2023 · The Social Security Expansion Act, recently introduced by Senators Bernie Sanders (I-VT) and Elizabeth Warren (D-MA) along with its House counterpart, introduced by Congresswomen Jan Schakowsky (D-IL) and Val Hoyle (D-OR), would do just that.This legislation would require the wealthy to contribute into Social Security on all their income over $250,000 — including unearned investment income.

Feb 11, 2015 · 3. A Global Wealth Tax? In Capital in the Twenty-first Century , Thomas Piketty recommends an international agreement establishing a wealth tax. Under his plan, countries would agree to tax personal assets of all kinds at graduated rates.The skeptics do have a point about whether this particular plan is practical, but we shouldn’t give up on the idea.

Jan 3, 2020 · PROMISE: Working families will quickly get a $4,000 to $9,000 raise. Median family income grew by just $514 in 2018 after enactment of the tax law—much slower growth than occurred in each of the last three years under President Obama. The increase in the yearly wage growth rate is up just 0.4 percent over the roughly two …