Although most Americans back a higher minimum wage, wide disparities in local living costs make finding an appropriate rate difficult.
While the size of the U.S. middle class remained relatively stable between 2002 and 2016, financial gains for middle-income Americans were modest compared with those of higher-income households.
Despite some ups and downs over the past several decades, today's real average wage in the U.S. has about the same purchasing power it did 40 years ago. And most of what wage gains there have been have flowed to the highest-paid tier of workers.
Income inequality nearly doubled among Asians in the U.S. from 1970 to 2016. Sizable income gaps persist across racial and ethnic groups, a new study finds.
The gap in the standard of living between Asians near the top and the bottom of the income ladder nearly doubled from 1970 to
2016. Amid rising inequality overall, Asians displaced blacks as the most economically divided major U.S. racial or ethnic group.
Among the 25 most populous countries, Egypt, Russia, India, Indonesia and Turkey have the most restrictions on religion, while Japan, Brazil, the Philippines, the Dem. Rep. of the Congo and the U.S. have the fewest restrictions.
People in 38 countries were asked how often they use the internet – as well as how often they use social networking sites like Facebook, Twitter and other sites – to get news. Specifically, they were asked whether they did each activity several times a day, once a day, several times a week, once a […]
In the U.S., the racial and ethnic wealth gap has evolved differently for families at different income levels since the Great Recession.
Taxpayers with incomes of $200,000 or more paid well over half (58.8%) of federal income taxes, though they accounted for only 4.5% of all returns filed (6.8% of all taxable returns). By contrast, taxpayers with incomes below $30,000 filed nearly 44% of all returns but paid just 1.4% of all federal income tax.
As the congressional debate over Trump's tax overhaul begins, more Americans say tax rates on corporations and higher-income households should be raised rather than lowered.