Not so long ago, inequality was a dirty word. The experience of my friend Branko Milanovic, the world’s foremost expert on global income inequality, was typical. “I was once told by the head of a prestigious
These days it is not enough just to be a millionaire to count yourself as one of the super-rich - you need to be worth between $50-100m (£33m-£66m). While $50m is the starting point for serious wealth,
For many Americans, the popular image of the top 1%–those Americans who are wealthier than the other 99%–is focused on Wall Street, the symbolic home of America’s financial markets, and where so much the
Economy The growing income gap is one of the top economic concerns for American millionaires, topping terrorism and the budget deficit, according to a new study. Fully 77 percent of Americans with investible
State and local taxes in the United States take the most from those who have the least, undermining efforts to redress inequality. Those who earn the least pay the most in nearly every state across America.