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I was whinging about wealth inequality and my spouse (European) rolled his eyes and said: "This is a solved problem. Your taxes are too low." A quick look at we

• Mediterraneo10 8y ago
  High taxes can narrow the gap between lower and middle classes. However, some upper classes will remain because they can pay experts to manage their tax planning. Finland is known for being a high-tax, egalitarian society, but Finnish celebrities are regularly criticized for keeping their wealth outside the country in a low-tax jurisdiction. And within Europe there are a number of law offices which exist solely to help Europeans establish citizenship and tax residency in Malta or the Caribbean islands.
• Cookingboy 8y ago
  Wealth inequality in itself should never be the only goal. My parents grew up in China in the 60s, and to them wealth equality doesn't mean everyone is rich, it means everyone was equally poor. Too often than not that's the form of wealth equality we see. So we need to keep low wealth equality while give enough incentives to people to raise the total wealth of the society, and that is a much harder problem to solve .
  • hndamien 8y ago
    Switching to a fair monetary system is one option for this.