Wealth Inequality
Areas of Focus:
Wealth distribution in the United States has fluctuated significantly over time. The early 20th century saw high levels of inequality, decreasing mid-century due to progressive taxation and social programs. Since the 1980s, with the advent of Reagan's Trickle Down Economics, wealth has become increasingly concentrated among the top earners.
1. Wealth Inequality Over Time
2. Policy Induced Inequality
Major tax reforms, including the Reagan-era cuts, the Bush tax reductions, and the 2017 Tax Cuts and Jobs Act, have disproportionately benefited high-income individuals and corporations. Adjustments to programs like Social Security have had regressive impacts.
3. Global Perspectives
4. Die with Zero
Compare wealth inequality trends across different countries and regions. Investigate how various nations have tackled inequality and what strategies have proven successful or unsuccessful.
Baby Boomers hold a significant portion of America's wealth, yet many are choosing to spend it during their lifetimes rather than pass it on to their heirs. This "Die with Zero" philosophy will perpetuate the transfer of wealth to private equity and instutional investors as Boomers become an asset class.