wealth gap

Housing Market

The Problem Isn’t A Housing Shortage, It’s The Concentration Of Ownership By The Wealthy

August 24, 2023 RickMad Comments Off on The Problem Isn’t A Housing Shortage, It’s The Concentration Of Ownership By The Wealthy

ZeroHedge.com: This concentration of housing ownership by the wealthy is the direct result of Federal Reserve and federal policies that benefit the wealthy. We’re told that sky-high rents and home prices are the result of […]

Personal Finance

Top 1% of Wealthiest Households Pay Mounting Share of All US Income Taxes

February 4, 2021 RickMad Comments Off on Top 1% of Wealthiest Households Pay Mounting Share of All US Income Taxes

FoxBusiness: The richest households paid 40.1% of all federal income taxes in 2018 The share of the nation’s individual income taxes that are paid by the wealthiest households has increased over recent decades alongside their adjusted gross income, […]

Personal Finance

Here’s The Average Net Worth Of Americans Ages 35 To 44

February 3, 2021 RickMad Comments Off on Here’s The Average Net Worth Of Americans Ages 35 To 44

CNBC: Net worth (your assets minus debts) tends to increase with age. CNBC Select breaks down the average net worth of people in their 30s and 40s. The average American has $90,460 of debt, but the […]