Category: Money

Wealth Inequality Accelerates Worldwide on Inheritance, Tax Avoidance


Wealth inequality is growing worldwide, according to a new report by Credit Suisse. A greater share of wealth is being held by a smaller number of ultra-rich families worldwide as larger inheritances, family trusts, and similar arrangements to avoid taxes help the ultra-wealthy gain a greater portion of total capital in economies throughout Europe, Asia, and in the United States.

Income, Personal Income, Household Income


Income is the amount of cash or cash equivalent earned by an individual in a given period of time. Personal income may be earned from varied sources within or outside the country. Household income includes income from all productive services as well as transfer income earned by all individuals in a household.

Measurement of Income

Personal income is calculated by adding the income received by an individual from a number of sources, including:

  • Wages and salaries

 

Published
Categorized as Money

Money

Published
Categorized as Money