Total U.S. Billionaire Wealth: Up 88 Percent over Four Years
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.
Racial Economic Inequality - Inequality.org
As with total wealth, home ownership is heavily skewed towards white families, our 2023 report with the National Community Reinvestment, Still a Dream, shows.Between 1960 and 2020, the rate of Black home ownership increased but the gap in ownership rates between Black and white families widened, from 26 percentage points to 30. Structural barriers, including lower incomes, higher rates of ...
Gender Economic Inequality - Inequality.org
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 ...
Income Inequality - Inequality.org
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
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.
Global Inequality - Inequality.org
World Inequality Report data show that the share of national income going to the richest 10 percent has increased in nearly every country. The 10 countries where the richest 10 percent increased their share of the national economic pie the most between 1980-2020 are India, Russia, South Africa, Poland, China, Korea, the United States, Australia, Germany, and Japan.
Revealing the True Cost of Billionaire Philanthropy
Nov 20, 2023 · Giving Pledgers need to pick up the pace. The report analyzes the progress of the Giving Pledge, founded in 2010 by Bill Gates and Warren Buffett, that has inspired over 220 billionaires to pledge to donate half of their wealth during their lifetime.The report found that while a handful of donors are moving funds in a timely manner, most have seen their wealth dramatically increase over the ...
Who’s Really a ‘Populist’? Henry Wallace Set the Standard
Oct 8, 2024 · Today, politicians on both sides of the aisle like to compete for the “populist” label. They would do well to consider the example of a real populist — Henry A. Wallace.. Throughout his career, Wallace championed bold, progressive policies that put the “common man” first, even when it earned him enemies.
Inequality and Taxes - Inequality.org
Donald Trump campaigned in 2024 on grand promises of tax cuts for the middle class. But Institute on Taxation and Economic Policy analysis finds that the only Americans who would enjoy a reduction in their taxes from his proposals are those in the richest 5 percent. The Institute’s analysis includes the impact of Trump’s proposed tariffs, …
Inequality and Covid-19 - Inequality.org
The crisis has fueled the country’s skyrocketing inequality. Among the 100 largest low-wage employers in the country, average CEO pay jumped 15 percent in 2020 to $13.9 million while their global median pay flatlined, according to Institute for Policy Studies analysis.More than half of these 100 low-wage companies rigged their own rules to …