evidence: Since 2010, the wealth disparity between Black and white families has persistently expanded. From the very first Survey of Consumer Finances in 1983, the smallest difference between Black and white family wealth was $123,910 in 1992, and has steadily climbed since, peaking in 2022. Figure 2 shows that from 1989 to 2022, the Black-white median wealth gap has averaged $172,000, and rarely dropped below 10% of this. However, between 2019 and 2022, the gap breeched 10% of the average—signaling an increase in disparity not seen since 2007, when the gap reached $214,970. The growing disparity means that in 2022, for every $100 in wealth held by white households, Black households held only $15. [...] While growth in Black ownership of businesses and homes is a positive step forward, it is not enough to combat the compounding effect of wealth. In lieu of significant policy changes that impact wealth accumulation and distribution, racial inequality will likely continue to grow. Efforts to close this racial wealth gap include progressive tax policies in which the average tax burden increases with wealth and income, or reparations from the private and public sector. In tandem, both will act to ease immediate disparities and put us on a path of reconvergence so that racial wealth equity might be seen in our lifetime.