Wealth Inequity and Universal Basic Income
Chuck Collins When Donald Trump was sworn in as the 45th president of the United states, the wealth gap between rich and poor was already very wide. The top 10% of families — those who had at least $942,000 — held 76% of total wealth. The average amount of wealth in this group was $4 million. And the entire bottom half of the population had just 1% of the total wealth pie, this gap continues to rise and when the...
Wealth Inequity and Universal Basic Income
When Donald Trump was sworn in as the 45th president of the United states, the wealth gap between rich and poor was already very wide. The top 10% of families — those who had at least $942,000 — held 76% of total wealth. The average amount of wealth in this group was $4 million. And the entire bottom half of the population had just 1% of the total wealth pie, this gap continues to rise and when the statistical scope...