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
-
Latest NewsMarch 13, 2024New Roles for Top Journalists at Capital & Main
-
Latest NewsMarch 27, 2024Street Artists Say Graffiti on Abandoned L.A. High-Rises Is Disruptive, Divisive Art
-
Latest NewsMarch 2, 2024In Los Angeles, Shade Most Often Goes to the Privileged
-
Striking BackMarch 14, 2024‘I’m Not Gonna Let Up Until We See Changes’
-
State of InequalityMarch 28, 2024Los Angeles Hotel Workers Could Use the 2028 Olympics to Their Advantage
-
Striking BackMarch 4, 2024Musicians Take on SXSW
-
Latest NewsMarch 14, 2024Seventy, Evicted, and Running Out of Options
-
Feet to the FireMarch 29, 2024New Mexico Governor Vetoes Tax Break for Wells After Pushback


