In 1894, the Wilson-Gorman tariff imposed the first peacetime income tax of 2 percent on income over $4000, affecting fewer than one in ten households at that time.
The nation is about to see the roll-out of a dramatic effort more diverse than any wage campaign in American history.
Even the head of the Fed now worries about the chasm of income inequality. But Janet Yellen, in a speech at the Federal Reserve Bank of Boston, took it one step beyond money.
Justice Sonia Sotomayor is worried about income inequality's negative impact not only on the U.S. now, but on future generations.
SAN FRANCISCO - Protesters in San Francisco and West Oakland neighborhoods spotlighted the growing poverty and evictions in the area by targeting the private bus services provided by Silicon Valley tech companies to transport their employees to and from work.
In a wide-ranging speech on the state of the economy, President Obama took sharp aim at income inequality, citing the growing gulf between the rich and the rest of us.
St. Louis protesters against tax dodgers say Bank of America made $4.4 billion in profits last year and paid no taxes -- they got a $1.9 billion refund!
When it comes to income and net wealth, the years since 1983 have been a "lost generation" for all but the richest 5 percent of the U.S., say Larry Mishel and Heidi Shierholz of the Economic Policy Institute.