
Gretchen Morgenson: From Wall Street to Journalism
Masters in Business
00:00
The Impact of Private Equity on Wealth Inequality
Private equity was not really mentioned as a force in the inequality in the gulf between rich and poor in America. It's, it's low wages and a low minimum wage that hasn't gone up in forever. It's corporate tax avoidance. It's the shifting of the tax burden away from the wealthy and away from corporations to the middle class.
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