State of Wealth Inequality in the US In 2022, 68% of wealth in the US was owned by the top 10% of earners, while the lowest 50% of workers accounted for 3.2% of wealth. Rising income inequality has been the norm for years globally and domestically, with the Covid-19 pandemic exacerbating the effects, causes, and state of income inequality. Income and wealth inequality is wider in the US than almost any other high-income country. Income inequality is further tied to race, with minority groups in the US affected by race-based politics, lack of generational wealth, and so on. |
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