Inequality, Wealth Inequality | featured news

China unveiled sweeping tax reforms on Tuesday to make wealthy state-owned firms, property speculators and the rich pay more to narrow a yawning gap between an urban elite and hundreds of millions of rural poor.

The richest 1% of Americans now hold 25% of the country's wealth and more needs to be done to boost equality, says Nobel Prize winning economist Joseph Stiglitz in Davos.

The Occupy Wall Street protests are moving into the neighborhood. Finding it increasingly difficult to camp in public spaces, Occupy protesters across the country are reclaiming foreclosed homes and boarded-up properties, signaling a tactical shift for the movement against wealth inequality.