Report: 18 corporations hold over a third of US wealth
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Report: 18 corporations hold over a third of US wealth
‘Income inequality is a hot political topic and a report showing that a small number of US companies hold most of the wealth could stir up more talk about ways to change tax policy.
The majority of corporate cash is amassed in the coffers of 18 US firms — they held 36 percent of all wealth last year, a jump from 27 percent in 2009 with the gap expected to widen further, according to a report from Standard & Poor’s, a New York-based credit rater.’
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