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The "rich get richer" is not always a given. When the top tax rate was 90% the "rich stay rich". Robert Reich addressed growing income inequality and the virtuo
by kaa2102 13y ago
The "rich get richer" is not always a given. When the top tax rate was 90% the "rich stay rich". Robert Reich addressed growing income inequality and the virtuous cycle in his recent documentary inequalityforall.com. Taxation, when used effectively, can encourage individuals with low or no marginal propensity to consume to focus on consuming rather than investing or sitting on piles of cash.