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How Taxes Keep American Wealth White

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By NPR. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Building wealth has never been easy, and the racial wealth gap makes that obvious. As recently as 2016, the median wealth of a white household was $171,000 dollars. That's eight times the median $20,600 of Hispanic households. For Black households? Just $17,000, according to Pew Research Center.
So what needs to change? And what should people keep in mind as they try to build wealth for future generations?
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