Distribution of wealth

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 […]

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 […]

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 […]

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 […]