US Billionaires' Wealth Surges Amid Rising Income Inequality
Originally Published 2 months ago — by The Guardian
The collective wealth of the top 10 US billionaires increased by $698 billion in the past year, highlighting the growing wealth gap in the US, which is exacerbated by policies that favor the wealthy and dismantle social safety nets. The report from Oxfam America calls for reforms in tax policy, campaign finance, and labor protections to address inequality, emphasizing that such disparities are a result of policy choices supported by both political parties.