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China Reveals Economic Gap Between Rich and Poor

Posted January 18th, 2013 at 3:20 am (UTC-5)
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China has released statistics on the income gap between rich and poor after keeping the figures secret since 2000. Ma Jiantang, chief of the National Bureau of Statistics, told a news conference Friday that figures from 2003 to the present showed “the income gap was rather big.” The NBS used the “Gini coefficient” – a […]

In the US, Contentious Questions Abound About Taxes and Wealth

Posted January 18th, 2012 at 3:25 pm (UTC-5)
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In the heat of a presidential election campaign in the United States, contentious questions are emerging about the fairness of the country’s taxation system and the growing income and wealth gap between the richest Americans and the vast masses of their countrymen. The issue of tax fairness and wealth in America came to the fore […]

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Gap Between Rich and Poor Increases in Most Countries

Posted December 5th, 2011 at 11:30 am (UTC-5)
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The gap between rich and poor has grown in most of the world’s major economies, and now stands at its highest level in 30 years. A report Monday by the Organization for Economic Cooperation and Development, a research and policy group that has 34 member countries, calls for governments to act quickly to address the […]

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