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wealth inequality News

The gap between rich and poor reaches new milestone: Report

The wealth gap between the top one percent and the rest of us is shocking, and if the trend continues, it will only get worse, according to a new study published by Credit Suisse.

Op-Ed: Obama could really help middle class by raising capital gains tax

President Obama is on a progressive hot streak as his second term approaches halftime: He's proposed subsidized broadband Internet for everyone, free community college for all, and now he wants to raise the capital gains tax to make the rich pay more.

Op-Ed: 2014 — The best of times, the worst of times

A truly wonderful, weird, horrific, hopeful, hateful year, there's something in 2014 for everyone whether your pollyannaish or plutocratic, smart or smarmy.

Oxfam: Number of billionaires has doubled since financial crisis

The number of billionaires in the world has more than doubled since the global financial crisis of 2009, with inequality reaching new extremes, according to a recently-released report from the UK-based charity Oxfam.
 

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Rich and poor live in close proximity in São Paulo  Brazil s largest city.
Rich and poor live in close proximity in São Paulo, Brazil's largest city.
Wikipedia
Favela Jaqueline  a shantytown in proximity to a wealthy area of São Paulo  Brazil s largest city.
Favela Jaqueline, a shantytown in proximity to a wealthy area of São Paulo, Brazil's largest city.
Wikipedia

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