The 50-100 Pay Gap
These 20 Harsh Facts About Income and Wealth Inequality Will Shock You
How the American economy has left many behind and rewarded the few.
U.S. inequality has returned to levels not seen since the early 1900s: The richest 0.1% take in 196 times as much as the bottom 90%. The average American is well aware that paychecks haven’t kept pace with inflation, while the super-wealthy keep getting richer and pay less in taxes. But while 61% of Americans say that there’s too much economic inequality in the country, only 42% see it as a top policy priority for the government, according to a Pew survey in 2019. Maybe that’s because they don’t realize just how extreme the disparities have become between the top 1% and the rest of us, or the key role the government has played in enabling that gap to grow.
Copyright 2021 Capital & Main
-
California UncoveredApril 9, 2024
700,000 Undocumented Californians Recently Became Eligible for Medi-Cal. Many May Be Afraid to Sign Up.
-
Feet to the FireApril 22, 2024
Regional U.S. Banks Sharply Expand Lending to Oil and Gas Projects
-
Class WarMarch 26, 2024
‘They Don’t Want to Teach Black History’
-
Latest NewsApril 10, 2024
The Transatlantic Battle to Stop Methane Gas Exports From South Texas
-
Latest NewsApril 23, 2024
A Whole-Person Approach to Combating Homelessness
-
Latest NewsMarch 27, 2024
Street Artists Say Graffiti on Abandoned L.A. High-Rises Is Disruptive, Divisive Art
-
State of InequalityApril 11, 2024
Dispelling the Stereotypes About California’s Low-Wage Workers
-
State of InequalityMarch 28, 2024
Los Angeles Hotel Workers Could Use the 2028 Olympics to Their Advantage