The lowest 20% of earners (under $29,000 per year) could face a 6.2% income loss due to tariff-driven price hikes, while the top 1% (over $915,000 per year) could lose just 1.7% of their income [24].

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.

Income inequality and carbon dioxide emissions for high-income nations such as the United States, Denmark and Canada are intrinsically linked – but a new study from Drexel University has taken a ...

Collins said inequality has increased because the U.S. has failed to increase the minimum wage, cut taxes, and made the tax system less progressive, meaning it’s lowered the top income tax rates.

Everyone knows that inequality has gotten out of hand in the United States. Thanks largely to the work of three now-famous economists—Thomas Piketty, Emmanuel Saez, and Gabriel Zucman—it’s ...

According to some measures, U.S. income inequality hasn’t meaningfully grown over the last decade, the very period in which it has become such a potent cultural and political meme.

In addition, most estimates of income inequality have actually plateaued in the last two decades. Likewise, focusing on pretax income ignores the consequences of progressive taxation and, crucially, ...

For each state, we reviewed data on all cities, towns, and unincorporated communities with populations of 55,000 or more, and ranked them on income inequality, as reflected in the Gini coefficient.

Income inequality differs widely across Asian origin groups One of the most common measures of income inequality is the “90/10 ratio.” This metric reflects the ratio of household income of those at ...

The argument about "income inequality" is as nonsensical as the argument about "American women typically earned X cents for every dollar earned by men." Both of these arguments exclude all other ...