Understanding US Wealth Inequality in 2013

Recently this video on income inequality in the U.S. has been causing a stir on social media. But the problem it outlines is not only an issue in this country today. The Atlantic’s Derek Thompson points out that in Europe a concern about a growing divide has resulted not merely in taxing extreme wealth, but in some nations capping compensations. Even in the haven of secret bank accounts – Switzerland. Given the levels of wealth in Houston, this is sure to be an issue we will see play out locally — both in politics and in philanthropy.