Conversely, in countries where wealth and income inequality is higher people are more suspicious of other people, particularly people who do not look them, think like them or pray like them ...

For example, 60-year-olds tend to have more income and wealth than 20-year-olds. But that’s not really evidence of societal inequality: You want to compare people at the same stage in life.

There are many ways to measure income inequality, including comparing people from different income percentiles and assessing how far away a country’s income distribution is from perfect equality ...

The Fed found that even as wealth inequality declined during the pandemic, income disparities worsened. Median incomes grew 3% compared with the previous survey, which covered 2017 through 2019.

Inequality, on the other hand, is about the distribution of wealth or income across a society or the world. But they are related. Taking steps to reduce inequality will make it possible for more ...

Currently, Gary is the only community in Indiana with a guaranteed income program. When Burgess Peoples learned about the concept, she presented it to Mayor Jerome Prince.

"For a long time, interest in inequality has tended to focus on income and ability to consume, but now there's an increasing focus on what role wealth plays in determining opportunities," A/Prof ...

His plan doesn't just target billionaires' income – it includes a progressive wealth tax on households worth over $32 million, starting at 1% and climbing to 8% for billionaires.

As Congress crafts yet another budget, it is time to confront a quiet enabler of America’s growing wealth gap: the way we tax corporate profits. The U.S. corporate tax system is a maze of ...

Related to this is the extraordinary pace at which wealth inequality is growing in Canada. In short, the rich are getting richer, middle-income people are getting poorer, and the already poor ...

How will artificial intelligence affect the distribution of income and wealth this century? After falling through much of the 20th century, income inequality, measured as the fraction of income ...