A 2017 study found that 66 percent of Democrats view economic inequality as a “very big” problem, and 93 percent believe it to be at least a “moderately big” problem. But is wealth inequality bad? Unfortunately, politicians frequently spread erroneous information disguised as “facts”: CEO’s are not earning 350 times what their employees do, the income tax is highly progressive, the government heavily redistributes wealth already, and the 1% did not profit from the Great Recession.