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Income inequality. gender pay gap; racial pay gap; Lists by income. States ... Michigan has an estimated per capita income of $27,549 and median household income of ...
The average American one-percenter's income of over $1.1 million is 25.3 times as much as the average income of everyone else -- $45,567.
In the framework of American federalism, states generally have wide latitude to enact policies within their borders, including state taxation and labor laws.Among the factors that may increase inequality in a state are regressive state tax policies [2] (taxation has played a growing role in diminishing inequality since the 1980s), [3] tax incentives for large companies, [4] corruption, [5 ...
One resource is the Mapping Inequality: Redlining in New Deal America project, a collaborative effort involving the University of Richmond, Virginia Tech, and others. This project focuses on the maps and area descriptions produced by the Home Owners' Loan Corporation (HOLC) in the 1930s.
In the paper, Richmond Federal Reserve Bank senior economist Borys Grochulski and vice president of research Zhu Wang argue that the U.S. model for real estate commissions is “puzzling” and an ...
On July 21, 2023, the OMB delineated eight combined statistical areas, 16 metropolitan statistical areas, and 19 micropolitan statistical areas in Michigan. [1] As of 2023, the largest of these was the Detroit-Warren-Ann Arbor, MI CSA, comprising the area surrounding Michigan's largest city, Detroit.
Aerial view of a slum in a suburb of Manila. Housing inequality is a disparity in the quality of housing in a society which is a form of economic inequality.The right to housing is recognized by many national constitutions, and the lack of adequate housing can have adverse consequences for an individual or a family. [1]
The estate tax was reinstated in 2011 with a further increased cap of $5 million for individuals and $10 million for couples filing jointly and a reduced rate of 35%. The "step-up basis" of estate tax law allows a recipient of an estate or portion of an estate to have a tax basis in the property equal to the market value of the property.