Sentences with phrase «racial wealth gap»

I was a statistical anomaly growing up in New Orleans: a black boy from a relatively well - off family in a city with one of the widest racial wealth gaps in the country.

Due to that homeownership gap, America's racial wealth gap grew.

«The report released today by the Council of Economic Advisers shows how conflicts of interest, backdoor payments and hidden fees are hurting average Americans, exacerbating income inequality and widening the racial wealth gap.»

Many experts believe that more — successful — black - owned small businesses will be one of the keys to closing the racial wealth gap.

In addition, more schooling isn't going to close the racial wealth gap.

The St. Louis report, published in August, revealed a racial wealth gap among college graduates.

Differences in homeownership rates remain the prime driver of the nation's racial wealth gap.

If black and Hispanic families owned homes at rates similar to whites, the racial wealth gap would be reduced by almost a third.

The motivation for these three hashtags relates to Professor Mehrsa Baradaran's recently - released (and fantastic) book, The Color of Money: Black Banks and the Racial Wealth Gap.

The report shows this also plays a role in the racial wealth gap, as most households (67 percent) are white and are more likely to be in a high - income bracket compared to black and Latino households.

The report states that the mortgage interest deduction exacerbates racial inequality and widens the racial wealth gap by distributing the annual $ 71 billion federal disbursement to primarily white, high - income homeowners.

Among the repercussions the tax overhaul proposal can have on the mortgage interest deduction, the National Low Income Housing Coalition (NLIHC) and the Institute on Assets and Social Policy (IASP) at Brandeis University's Heller School recently released a report, «Misdirected Investments: How the Mortgage Interest Deduction Drives Inequality and the Racial Wealth Gap.»

Income status is but one variable — the racial wealth gap rears its ugly head when it comes to the break.