KNOWLEDGE: Wealth inequality is enormous: It fuels anti-democratic actions and corruption

Wealth inequality is enormous 

It fuels anti-democratic actions 

and facilitates corruption

Evidence of the inequality and its impact is in this great analysis.  Key points below are from that REPORT.

Income inequality is at its highest point in nearly 75 years

U.S. Gini coefficient, 1947–2019

Impacts of the inequality

American income inequality far outpaces other developed economies

9% of national income shifted to the top, while the middle lost the most

A declining share of national income translates to lower household income

Income gains dramatically increase the ability to save

Higher-income households added wealth 3X faster