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 …
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.
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.
Tipping Is Racist and Harms Us All — It’s Past Time to Eliminate It
Aug 15, 2024 · The federal minimum wage has been stuck at $7.25 since 2009, while the tipped minimum wage remains $2.13 per hour. As a result, employers of tipped workers can rely on customers to pay $5.12 per hour — roughly 70 percent …
Wealth Inequality - Inequality.org
The collective net worth of America’s top 12 billionaires now surpasses $2 trillion. Their combined wealth increased by more than $1.3 trillion, or 193 percent, between March 18, 2020 and December 3, 2024, according to Institute for Policy Studies …
There Just Aren’t Enough Services to Prevent Homelessness
Oct 7, 2024 · When I worked with people experiencing homelessness, I kept hearing about the obstacles to help. Then I experienced them myself.
Eight Ways To Reduce Global Inequality
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.