The wealth gap (measuring the wealth of the richest 10% compared to the poorest 10%) has grown considerably in the US and the UK, and has been driven by rising asset prices rather than incomes. The tax system in the US and the UK has not reflected this change in wealth source and taxes have … Continue reading US proposing Wealth Tax on Super Rich
Tag: super wealthy
Where are the UK Philanthropists?
Wealth concentration is at a level that has not been seen since before the Great Depression in 1929. 8 people own half the wealth of the human population. These are the Super Wealthy. The richest 1% of Americans have more wealth than the bottom 90%. What these super wealthy choose to do with their … Continue reading Where are the UK Philanthropists?
Rebel Economics 