Taxation, wealth inequality & philanthropic collusion
There is no denying that financial wealth disparities in the US have reached obscene proportions. The total wealth of households with more than $50 million in assets–the wealthiest 0.1 per cent, approximately–has exceeded $30 trillion. To put this into perspective, 42 million Americans, more than one of ten, live in poverty and similarly shocking numbers of people are uninsured, underemployed and unhoused.
