According to the new analysis by the Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF), America’s 664 billionaires now have a combined net worth of $4.2 trillion—a figure that stands in staggering contrast to the economic pain being felt by countless families across the U.S. as joblessness, uninsurance, and hunger remain sky-high.
The U.S., which has the highest coronavirus death toll in the world, reached 500,000 lives lost to Covid-19 on Monday. “About one in 670 Americans has died of Covid-19, which has become a leading cause of death in the country, along with heart disease and cancer, and has driven down life expectancy more sharply than in decades,” the New York Times noted.
— source commondreams.org | Feb 24, 2021
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