Top 1% of Americans

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Inequality in America in 6 charts

The Democratic Iowa caucuses happened on Monday, and inequality has been one of the biggest issues in the nascent presidential campaign. Among the frontrunners in the race, Senators Bernie Sanders and Elizabeth Warren have made inequality and related issues central to their campaigns. Both candidates support drastically raising taxes on the wealthiest Americans, along with programs like

Extreme inequality in the US is making a major economic problem even worse

US inequality has become so extreme that hyperbolic headlines about how much wealth is in the hands of a few families in this country have ceased to shock. But economists are increasingly worried that inequality is not just hurting the poor but also dampening the overall economy's growth potential. Three researchers at the Federal Reserve Bank of