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I think you'll find few who disagree that there's income inequality (it will always exist, however, it's at extreme and unsustainable levels currently). However
by TheHydroImpulse 11y ago
I think you'll find few who disagree that there's income inequality (it will always exist, however, it's at extreme and unsustainable levels currently). However, hiking up taxation to extraordinary levels is absurd.
It's a trend to try and take from the rich and give to the poor. If you truly want more distributed income across the people (I wouldn't call it income equality because that's impossible.) then you'll find instituting more taxation does little to fix that. Most of the 1%'s wealth doesn't come from their income. There's a reason many CEOs take $1/year as salary.
The entitlement system is absolutely broken. I'm all for a smaller government, but if we could replace the broken system with some sort of basic income (and that idea seems quite contrary with my political beliefs), I doubt it'd cost more than what's currently being paid out -- and it might actually be better.