Distribution of wealth

The Swiss mountain resort of Davos  where world political and buisness leaders are attending the World Economic Forum (WEF) to discuss the state of the world's economies and the problem of growing economic inequality.

Why one economist thinks Obama’s tax plan on the rich is too little, too late

Economics

President Obama trumpets recent US economic growth and proposes higher taxes on wealthy Americans. Will that make the US a more equal society?

GlobalPost report finds income inequality, a global problem

Wealthiest Americans see precipitous decline in incomes — still dominate

President Obama’s International Argument Against Rising Income Inequality

Conflict & Justice

A Growing Wealth Gap

How to Fight the Wealth Gap

A new study from the Urban Institute finds that the gap between the wealthiest and poorest Americans is rising. It seems as though the old American adage that if you work hard and play by the rules, you’ll achieve some kind of economic stability — if not success — no longer applies to those who […]

Hard Times for the ‘One Percent’?

Much has been made of the top one percent of American wage earners in recent headlines. The Occupy movements have made them the living embodiment of the nation’s growing income inequality. But, new federal tax data shows that the story may be slightly more complicated than we originally thought. Louise Story, Wall Street and finance […]

Rep. Sandy Levin on Income Inequality

The Takeaway is continuing an ongoing conversation about income inequality in America. This week, the Congressional Budget Office released a new report concluding that income distribution has become vastly uneven over the last three decades. The report found that household incomes for the nation’s richest have nearly tripled in the past 30 years, while the […]

New CBO Report: The Rich Get Richer

A new report from the Congressional Budget Office says that the country’s wealth gap continues to grow, with the richest 1 percent’s income larger than ever. The richest of the rich have seen their income nearly triple since 1980. But Americans appear to be getting fed up. After growing up in a society that took […]

The World

Does income inequality lead to financial crisis?

There’s long been a growing gap between the rich and the poor in the United States, but some believe that disparity could actually cause more harm than previously thought. Louise Story has the story.