The reality of wealth is that the gap between most Americans and those who sit atop our economy continues to grow.
During the two decades after 1960, the real incomes of the top 5 percent and the remaining 95 percent increased at almost the same rate, about 4 percent a year.
America's top earners' wealth still grew; the one percent captured 95 percent.
Food assistance is also key in profiting from income inequality.
You have to start somewhere, right? Given that America's largest companies already pay little to no tax, it is unclear how such a system could ever be enforced in the long run, given that the wealthy will just offshore their money.
Even if a magic wand were to somehow reset society, the nature of capitalism would soon set things back on the path to income inequality.
From a certain perspective, income inequality means things are going according to the rigged rules.
https://www.theamericanconservative.com/articles/reality-check-theres-no-political-solution-to-income-inequality/
During the two decades after 1960, the real incomes of the top 5 percent and the remaining 95 percent increased at almost the same rate, about 4 percent a year.
America's top earners' wealth still grew; the one percent captured 95 percent.
Food assistance is also key in profiting from income inequality.
You have to start somewhere, right? Given that America's largest companies already pay little to no tax, it is unclear how such a system could ever be enforced in the long run, given that the wealthy will just offshore their money.
Even if a magic wand were to somehow reset society, the nature of capitalism would soon set things back on the path to income inequality.
From a certain perspective, income inequality means things are going according to the rigged rules.
https://www.theamericanconservative.com/articles/reality-check-theres-no-political-solution-to-income-inequality/
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