How did wealth inequality fare in 2021?
U.S. corporate after-tax profits hit a record high of $2.5 trillion in the third quarter of 2021, further enriching wealthy executives and shareholders according to the Institute for Policy Studies.
Chuck Collins, Senior Scholar at the Institute for Policy Studies talks about their recent article, “The Year in Inequality in 10 Charts“, and how Biden’s Build Back Better bill provides a popular start to enriching society by making those making more than $10 million/year pay their fair share.
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