Equity in Focus
Nationally, wealth inequality is the greatest since WWII, and the wealth gap between wealthy and middle- to lower-income families is sharply rising. As far as income inequality, Texas consistently ranks in the top 11 worst states. The Economic Policy Institute (EPI) shows the top 1% of the wealthiest Texans have an average income of $1.3 million compared to the rest of us, who have an average income of $56,000. This means the top 1% of income earners make 24 times more than the bottom 99%.