Newly-formed Excessive Wealth Disorder Institute aims to shift narrative about the wealthy

The skyline is seen Friday, Jan. 24, 2020, in Atlanta. (AP Photo/Mike Stewart)

Data from the United States Census Bureau reveals that Atlanta has the highest income inequality among large U.S. cities. And it’s been that way for a few years.

On Tuesday’s edition of “Closer Look” Gabriela Sandoval, founding executive director of the Excessive Wealth Disorder Institute, discussed how the newly formed institute will engage the public, policymakers, and the ultra-wealthy in conversations about the negative impacts of wealth hoarding and how to equitably distribute wealth through methods like tax reform and philanthropy and policy.

“All the different crises facing us right now, could actually, we could more than put a dent in them if we taxed the ultra-wealthy,” explained Sandoval.