NEW STUDY: Nearly $80 Trillion Redistributed from the Bottom 90% to the Top 1% Since 1975
WASHINGTON, March 4 โ As Republicans prepare legislation to provide more tax breaks to billionaires with massive cuts to programs working families need, Senator Bernie Sanders (I-Vt.) today highlighted a new report from the nonpartisan RAND Corporation, which found that nearly $80 trillion in wealth in the United States has been redistributed from the bottom 90 percent of Americans to the top 1% over