Exploring Wealth Inequality: A Look at 1950s Income Taxes Today
An infographic from the Urban Institute shows a steeply rising curve on a chart titled 'Distribution of Family Wealth, 2022,' illustrating how wealth inequality in America has grown dramatically from 1963 to 2022. The chart displays wealth levels across percentiles (10th, 50th, 90th, 95th, 99th) with the 99th percentile reaching $13.6 million, while the 10th percentile went from debt to $450. Text on the left explains the massive transfer of wealth from the middle class to the wealthiest families over 60 years, with the wealthiest having 71 times the wealth of middle-class families by 2022. A timeline at the bottom highlights selected years, with 2022 highlighted in blue.
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2025-02-28 10:50:05
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