The Report, published Dec 7, 2021, presents up-to-date data on inequality worldwide. Global inequalities remain extremely pronounced: they are about as great today as they were at the peak of Western imperialism in the early 20th century.
Here it is: The full story of wealth inequality in America. The top 1% holds 15x more wealth than the bottom 50% combined.
Tax laws allow owners to claim that their teams lose value, lowering their tax bills. The government misses out on billions in revenue.