That’s because the government’s definition of taxable income doesn’t track with true economic income, and this disconnect ...

He wrote on LinkedIn, "Income inequality in India is now worse than it was under British colonial rule. Let's see some data..

But, he says, narrowing the income gap by taxing the rich more or raising the minimum wage is unlikely to have much of an effect on mobility. Either Way, The Rich Stay On Top.

Zillow’s research builds on similar recent findings from other firms, including Realtor.com, which came out with its latest affordability report last week. The firm concluded that “the typical U.S.

In 2010, the median wealth of upper-income families was 6.2 times the median wealth of middle-income families. By 2013, that wealth ratio grew to 6.6. To be sure, the wealth gap between upper-income ...

During the past 50-ish years, the middle class has shrunk 11%. The percentage of people in the lower class (defined as earning less than two-thirds the median household income) has grown by 3%.

The number of Americans living to 100 is expected to quadruple by 2054, yet most retirement plans aren't built for longer ...

The income gap between white and Black young adults was narrower for millenials than for Generation X, according to a new study that also found the chasm between white people born to wealthy and ...

Their plan to close their income gap involved withdrawing $1,900 a month — or 5% a year — from their $450,000 IRA. However, after a market drop, the value of their IRA declines to $360,000.