The highest 1% of Individuals have about 16 occasions extra wealth than the underside 50%

The wealthiest 1% of Individuals managed about $41.52 trillion within the first quarter, in accordance with Federal Reserve information launched Monday. But the underside 50% of Individuals solely managed about $2.62 trillion collectively,... Read more »

Millionaires Assist a Wealth Tax — as Lengthy as They Aren’t Getting Taxed

A majority of millionaires help a wealth tax on these price $50 million or extra, however their help declines for a tax on these price $10 million, in accordance with a brand... Read more »
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Richest One % Made 82% of Wealth Created Final Yr

The hole between the tremendous wealthy and the remainder of the world widened as wealth continued to be owned by a small minority, in line with Oxfam report. The world’s richest one... Read more »

Scraping by on Six Figures? Tech Staff Really feel Poor in Silicon Valley’s Wealth Bubble

Even with six-figure earnings, tech employees in Silicon Valley nonetheless really feel poor. I didn’t turn into a software program engineer to be attempting to make ends meet,” stated a Twitter worker... Read more »