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Wealth inequality

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Richest 1% Percent To Have More Than Rest of Humanity Combined

Richest 1% Percent To Have More Than Rest of Humanity Combined

Published on Monday, January 19, 2015 by Common Dreams by Jon Queally, staff writer In less than two years, if current trends continued unchecked, the richest 1% percent of people on the planet will own at least half of the world’s wealth. That’s the conclusion of a new report from Oxfam International, released Monday, which states that the rate […]

The rich get richer and they have the taxpayer to thank-David Cay Johnston

Free Lunch author, David Cay Johnston, talks about wealth inequality and how taxpayers foot the bill. Sports stadiums and some golf resorts receive more in subsidies than they earn in profit, which means without taxpayer help, they couldn’t afford to operate.