The Institute for Policy Studies (IPS) published research
showing that the three wealthiest Americans have more
money than half of the American population.
The IPS stated that the poor are poor because the rich are
rich. The IPS implied that the way to make the poor less
poor is to make the rich less rich through government
policies. They advocate higher taxes on the wealthy. The
taxes would then be invested by government bureaucrats,
who have always failed at creating meaningful wealth.