Truthout
Wealth Inequality
Study: Affirmative Action for the Richest 1 Percent Is Common at Elite Colleges
The richest 1 percent of Americans have a huge advantage over working-class students in elite college admissions.
7 in 10 Americans Support Passage of Pro-Union PRO Act, Poll Finds
The polling comes amid a fever pitch of labor activity and unrest across the U.S.
Oxfam Report: US Billionaires Almost a Third Richer Since COVID Hit
"Tax Day is a reminder that the tax system isn't working for ordinary Americans."
How the Wealthy Are Saving Billions in Taxes by Skirting a Century-Old Law
Goldman Sachs helped billionaires dodge taxes by selling stocks and replacing them with nearly identical investments.
Lawmakers in 7 States Are Working Together to Tax the Rich
Lawmakers are introducing wealth tax proposals as federal lawmakers fail to combat wealth inequality.
As Income Inequality Skyrockets, the Rich Are Paying Less Into Social Security
Wages captured by Social Security taxes hit a record low in 2021 due to increasing inequality, a new analysis finds.
38 Percent of Americans Delayed Medical Care Due to Cost in 2022, a Record High
The proportion of Americans who put off care for a “very” or “somewhat” serious condition skyrocketed last year.
US Multimillionaires’ Wages Rose in 2021, While Bottom 90 Percent Got Pay Cut
The bottom 90 percent got a wage cut in 2021, but the top 0.1 percent got a wage raise of 18.5 percent.
Poverty Is at Emergency Levels in the US. Why Isn’t It a Midterm Election Issue?
Issues like raising the minimum wage and expanding health care should be front and center.
A Wealth Tax on the 0.25 Percent Could Fund Biden’s Entire Student Debt Plan
A modest 2 percent wealth tax on households with over $30 million in wealth could have raised over $400 billion in 2022.