4 ms·
Countries with less progressive taxation (i.e. Russia, Brazil, etc) have even worse wealth/power inequality than the U.S. The U.S. was at its most "equal" with
by medvezhenok 5y ago
Countries with less progressive taxation (i.e. Russia, Brazil, etc) have even worse wealth/power inequality than the U.S.
The U.S. was at its most "equal" with strong unions and high inflation (1970s). Perhaps that's what we need again. Strong labor bargaining and run inflation hot for a while. Also raise the non-primary home property tax so that the rich can't shelter their wealth in real estate.
- AnimalMuppet 5y agoIf inequality were the only problem, then your solution would work. Unfortunately, there are other problems as well, and your solution would make some of them worse.