The impact of income inequality on the average American is profound. It results in reduced social mobility, making it harder for individuals to improve their economic status. Economic disparities ...

Income inequality in America is at a high level by historical standards. Simply put, the rich have gotten richer much faster than others. In 2021, the average income of the richest 1% of ...

Billionaires saw their wealth increase across the last four years due to policies put forth by the Federal Reserve, leading ...

The distribution of wealth in America is grotesquely uneven. One can find in the same American city—on the same American street—individuals worth billions of dollars (more than the GDP of ...

This volume refines and extends the economic history literature on economic inequality in the United States. Economic ...

The House plan would disproportionately benefit top earners and sacrifice significant federal revenue — without increasing ...

To find out, GOBankingRates looked at U.S. cities with 100,000 or more in their total population and utilized the Gini index for measuring income inequality into a single statistic.

THINK ABOUT income inequality in America and some archetypes easily come to mind. Start with a rich corporate lawyer, earning above the roughly $1m annual income (before taxes and transfers ...