Professor and Director of the Samuel DuBois Cook Center on Social Equity at Duke University, William “Sandy” Darity is back with his take on the impact of the Big Ugly Tax Bill and other Trump policies on the growing wealth inequality.
The bottom 50% of American households own 1% of total household wealth. “90% of Black America is in the bottom half of America. That half owns 1% of the wealth.” Read that again. Slowly. Nine out of ten Black American households are sitting in the half of this country that…