Home Tags Wealth inequality

Tag: wealth inequality

The White House may hand out checks to Americans — or a short-term universal basic income — to soften the blow of coronavirus. Here’...

The administration's announcement comes one day after Senator Mitt Romney publicly called for the government to give US adults each $1,000.

Mike Bloomberg once said taking too much money from the rich and giving it to the poor was a bigger problem than income inequality

"I think income inequality is a very big problem. But the bigger problem is, you can take money from the rich and move it over to the poor," he said.

One astounding chart shows how the death of the union has made economic inequality worse

As union membership rates declined, experts say its helped contribute to a rise of wealth inequality in the United States.
Employees work behind the counter at a Mexican restaurant, June 2, 2017 in the Brooklyn borough of New York City.

One jarring chart shows how taxes on workers have essentially replaced those on corporations

Payroll taxes made up 7.8% of national income in 2018, compared to 0.9% for corporate ones — the widest gulf in almost two decades.

These 10 jobs are expected to see the fastest growth over the next decade — a majority of which pay less than $27,000 a year

The prospect of more poor-paying jobs in the 2020s could widen the roiling debate over inequality in the US.

Disney heiress says people who are offended by the phrase ‘OK, boomer’ should ‘sit the f— down and let the kids drive’

"Get over the idea that all things pass, you are old and you need to let history do what history does: move on," she told fellow boomers on Twitter.
Chrissy Teigen with her son, Miles, and mother, Pepper.

Chrissy Teigen apologizes for ‘super tone deaf and icky’ comments about her mom treating $159 AirPods as ‘disposable’

The "Cravings" author tweeted that her mom "buys a few [Airpods] a month," which sparked backlash and discussions about wealth inequality.

One chart shows how steep of a decline there’s been in the percentage of children outearning their parents since the 1940s

"It's basically a coin flip as to whether you'll do better than your parents," Stanford University professor Raj Chetty said.
I compared Burger King's most expensive menu item, the BBQ Bacon Triple Whopper, and its cheapest menu item, the classic hamburger.

I compared Burger King’s cheapest burger with its most expensive, and found they both offer a poor value

The cheapest and most expensive burgers at Burger King were surprisingly similar — one was just a lot bigger.