A study for the UN Human Rights Council has concluded 40 million people in the U.S. live in poverty -- and more than half of those live in "extreme" or "absolute" poverty -- the UPI website reports today (June 22, 2018).
The 20-page report says U.S. policies benefit the rich and promote poverty. This situation appears to support economist Karl Marx's theory that under capitalism, the rich get richer and the poor get poorer.
"The United States has the highest income inequality in the Western world, and this can only be made worse by the massive new tax cuts overwhelmingly benefiting the wealthy," the report states.
The report also criticizes President Donald Trump's $1.5 trillion tax cut package, saying it overwhelmingly benefits the wealthy and worsens the situation of the poor.
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