US Billionaires' Wealth Surges Amid Rising Income Inequality
TL;DR
The collective wealth of the top 10 US billionaires increased by $698 billion in the past year, highlighting the growing wealth gap in the US, which is exacerbated by policies that favor the wealthy and dismantle social safety nets. The report from Oxfam America calls for reforms in tax policy, campaign finance, and labor protections to address inequality, emphasizing that such disparities are a result of policy choices supported by both political parties.
Topics:businesseconomy#economy#policy-reform#social-safety-net#tax-policy#us-billionaires#wealth-inequality
- Top 10 US billionaires’ collective wealth grew by $698bn in past year – report The Guardian
- UNEQUAL: The rise of a new American oligarchy and the agenda we need Oxfam
- Wealth of America’s Richest Billionaires Rockets Under Trump The Daily Beast
- Income Inequality Is Surging In The U.S., New Oxfam Report Shows Forbes
- Billionaire Wealth Tops $8 Trillion Amid Federal Shutdown Americans For Tax Fairness
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Read on The Guardian