Even as the income gap widens, the wealthiest Americans are giving a smaller share of their income to charity, while poor and middle-income people are donating a larger share, according to an extensive analysis of IRS data conducted by the Chronicle of Philanthropy.
An interactive map created by Movoto shows the wealthiest Americans by state, and Nationals owner Ted Lerner made the list.
Republicans are the party of the rich, right? It’s a label that has stuck for decades, and you’re hearing it again as Democrats complain about GOP opposition to raising the minimum wage and extending unemployment benefits.
The gap between the wealthy and the poor is most extreme in several of the United States’ most prosperous and largest cities.
A recent study conducted by Pew Research’s Social & Demographic Trends division has found that the nation’s economic recovery has largely benefited America’s wealthiest citizens.
China’s new leader Xi Jinping pledged a cleaner, more efficient government Sunday as the country’s ceremonial legislature wrapped up a pivotal session that installed the latest generation of communist leaders in a once-a-decade transfer of power.
Long before Mitt Romney became the millionaire candidate from Massachusetts, he was his father’s son, weeding the garden in the upscale suburb of Detroit where he grew up. He hated the chore. But he idolized the man who made him do it — George Romney, the outspoken, no-nonsense, auto executive turned politician.
Romney shares an uncanny physical resemblance to his father, with the same graying temples and square jaw. And their lives have followed strikingly similar paths. As young men, both spent time abroad as Mormon missionaries and then passionately pursued the women they would marry. Both were successful businessmen who made personal fortunes before moving into politics. Both were church leaders, governors and aspiring presidential candidates.