The United States has become a country where the wealthy few are taking more and more of our tax dollars, and the rest of us have to pay a hefty price.
As part of the latest report from the Center for Public Integrity, we have compiled a look at how the financial system has changed the country over the past decade.
The report is based on data from the U.S. Census Bureau and the Federal Reserve.
It includes data on financial institutions, corporations, tax payers, and public pensions.
The first chart shows the breakdown of total taxes paid by the top 1 percent of Americans.
From 2011 to 2020, the top 10 percent of U.A. citizens paid an average of $1,972,000 in taxes.
By comparison, the bottom 50 percent of taxpayers paid about $7,500 per year.
The next chart shows how the wealth gap has grown.
Between 2011 and 2020, wealth for the bottom 40 percent of the population dropped from $3,764 to $2,742.
By 2020, this gap had grown to $15,000.
By 2024, it was $41,000, and by 2025, it had grown again to $68,000 for the top 20 percent.
By 2024, the U,A.
economy was in the red, with nearly half of the nation’s workforce employed in low-wage jobs, including temporary and part-time workers.
The remaining 80 percent of workers were earning between $40,000 and $75,000 per year, according to the report.
In 2020, nearly one in four people who were unemployed had a job.
By 2021, that number had grown from one in eight to one in five.
The bottom half of America’s workforce had only one job in 2020, and that was part-timer or temporary workers.
By 2022, it fell to one-third of the workforce.
By 2025, that dropped to less than one-fourth.
The gap between those who are employed and those who aren’t is growing rapidly.
By 2030, it is expected to be at its lowest since the 1970s, according the report, which found that for all the new technologies and services available to Americans, only 12 percent of jobs are created in the U.,A.
Despite the high unemployment rate, a majority of Americans still feel the squeeze.
The Center for Media and Democracy found that 51 percent of people feel “very” or “fairly” financially burdened.
This includes 61 percent of white respondents and 47 percent of African-Americans.
Nearly 60 percent of those surveyed said they were “very concerned” or worried about their finances, and a majority (52 percent) said they felt “fair or not” financially well off.
While most Americans feel the pinch, they still see the economic impact of the government.
When asked if the government was doing enough to help the middle class, more than six in ten Americans said they agreed.
When people were asked if they would be better off if they could spend their own money more, the percentage who said they would increase their savings rose to 72 percent.
When the percentage of respondents who said that they would like to have more money for their retirement grew, the number of respondents saying they would decrease their savings also rose.
In 2020, 61 percent thought that a bigger government budget would help the rich more than the poor.
In 2025, the same percentage thought that the government budget should help the wealthy more than they did.
Overall, 61% of Americans said the federal government is doing enough, and only 40 percent said that it is not.
One in four Americans now has a net worth that is less than $50,000; that’s a 25-percent increase since the first report was conducted in 2011.
In 2021, this figure rose to 27 percent.
By 2040, the median net worth for Americans is $72,600, a 7.2 percent increase.
Among the poorest Americans, nearly three-quarters (74 percent) say the economy is not doing enough.
A large majority (71 percent) also say the U is not helping the poor enough, while 37 percent say the government is helping.
By contrast, 62 percent of high-income earners believe the economy and the U are doing enough; by comparison, only 31 percent of low-income workers think the economy does enough.
Many Americans feel that they are on the verge of a financial collapse.
About three-fourths (65 percent) of Americans believe they will lose money over the next few years, while 40 percent think they will get caught in a recession.
By 2050, that figure is expected go up to 80 percent.
About one-quarter (24 percent) believe they could lose a lot more money over their lifetime.
The numbers are worse for people who say they will have to put off their retirement plans, as 70 percent of this group say