Income Inequality: Difference between revisions
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[https://greatergood.berkeley.edu/article/item/why_we_have_trouble_supporting_greater_income_equality by Jill Suttie 12/6/25 POLITICS] | [https://greatergood.berkeley.edu/article/item/why_we_have_trouble_supporting_greater_income_equality by Jill Suttie 12/6/25 POLITICS] | ||
According to data from the Congressional Budget Office, wealth inequality has been rising steeply in the United States over the last 30 years. This gap between rich and poor means that the top 1% of earners now own nearly 30% of the total wealth in the country, with the bottom 50% owning only 4% of that wealth. | According to data from the Congressional Budget Office, wealth inequality has been rising steeply in the United States over the last 30 years. This gap between rich and poor means that the top 1% of earners now own nearly 30% of the total wealth in the country, with the bottom 50% owning only 4% of that wealth. | ||
=====Income and wages===== | |||
[https://www.epi.org/research/income-and-wages/ by Economic Policy Institute] | |||
The House Republicans’ plan to cut Medicaid to pay for tax cuts for the rich would slash incomes for the bottom 40% | |||
