Income inequality is a hot political topic and a report showing that a small number of U.S. companies hold most of the wealth could stir up more talk about ways to change tax policy.
The majority of corporate cash is amassed in the coffers of 18 U.S. firms — they held 36 percent of all wealth last year, a jump from 27 percent in 2009 with the gap expected to widen further, according to a report from Standard & Poor’s, a New York-based credit rater. …..
…..The top 1 percent are mostly investment-grade businesses — Microsoft, Google, Cisco, Apple, Oracle, Ford, Coca-Cola and Boeing — and are concentrated in technology and healthcare industries.
Read more: http://thehill.com/policy/finance/economy/214757-report-18-companies-hold-over-a-third-of-us-wealth
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