Michael and Susan Dell’s $6.25 billion donation to child savings accounts fits a trend: giving with no strings attached. In some ways, it’s a bipartisan philosophy.
Category: Income Inequality
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How Parents Talk to Kids About Money, Privilege and Inequality
Some parents turn to books or family movie nights to facilitate discussions. But they admit they don’t have all the answers.
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Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan
Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.
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Are Wealth Taxes the Best Way to Tax the Ultra Rich?
Plans for a wealth tax, which is dividing France, have gotten popular around the world as inequality has widened and government debt has risen.
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Wealthy Americans Are Spending. People With Less Are Struggling.
Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market.
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Black Unemployment Is Surging Again. This Time Is Different.
Federal layoffs and an end to diversity initiatives have weakened a historically strong labor market for Black workers.
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New York Needs More Millionaires, Fiscal Watchdog Says
A report by the nonpartisan Citizens Budget Commission comes at a time when income inequality and affordability have been the most prominent themes in the race for New York City mayor.
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The Complexities of Portraying the Black Elite, From ‘The Gilded Age’ to Ralph Lauren
Recent portrayals of the Black elite have shown the complexities that can come with representing class.