States Respond to Wealth Gap

Source: Jake Grovum, Stateline.org, June 12, 2014

…Polls show inequality to be a growing public concern. A Pew Research Center survey this year found 65 percent of all Americans believed inequality was growing, and Gallup found similar results. Partisan differences abound: 90 percent of Democrats in the Pew poll thought there was “a lot” or “some” actions government could take about inequality. Half of Republicans said there was “not much” or “nothing” government could do.

Those differences carried over to the states, where responses in blue versus red states seemed at times as vast as research has shown the wealth gap itself to be. This year, lawmakers sought to do something about inequality, from giving tax breaks to individuals and businesses to bolstering safety net programs and clamping down on corporate pay….

Some patterns emerge from the inequality data:
∙ Among the top 10 most unequal counties, six are in the South, including two in Georgia;
∙ Eighteen of the most unequal 25 counties are in the South;
∙ Three are in the area around New York City, while the city itself has the most billionaires in the world.