Economic Inequality: What It Is and How It Impacts You

It’s nearly impossible to read the news these days without running across mentions of economic inequality. In recent months, politicians have debated the merits of raising marginal tax rates on the wealthy, a move proponents say could reduce economic inequalities. Likewise, economic inequality takes center stage when columnists discuss the extreme riches of some of today’s business owners, like Jeff Bezos, who could purchase every home in Austin, Texas, according to real estate brokerage Redfin.