The top 1% of Americans aren’t to blame for income inequality

by | Dec 19, 2023 | Stock Market

“The belief that income inequality has risen sharply in the U.S. may be wrong.”

For decades, the share of national income held by the top 1% in the United States has soared. Income inequality, which former U.S. President Barack Obama declared “the defining challenge of our time,” has become a major issue in U.S. politics, with both Republicans and Democrats proposing higher taxes on t …

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“The belief that income inequality has risen sharply in the U.S. may be wrong.”

For decades, the share of national income held by the top 1% in the United States has soared. Income inequality, which former U.S. President Barack Obama declared “the defining challenge of our time,” has become a major issue in U.S. politics, with both Republicans and Democrats proposing higher taxes on t …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]

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