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Blogging Our Great Divide

New developments on the inequality front? Our Institute for Policy Studies editorial team tracks them here.

No, The Rich Are Not Paying Their Fair Share

March 17, 2021 /

by Bob Lord and Chuck Collins

The share of the nation’s wealth pie owned by the richest 0.01 percent has quadrupled over the last 70 years. Their percent of the total tax obligation has stayed the same. What’s wrong with this picture?

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