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by Giho
2540 days ago
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From article:
"But, Ramirez-Valles says, the study does a good job of showing that when it comes to health outcomes, "it's not always [immediately] about health." He says the study's findings indicate a need for two broad policy recommendations: a revision of the minimum wage and a rethinking of our current taxation system. "Income inequality is at the bottom of this," he says. "We need to target and attack [it] aggressively. Not only in this country, but worldwide." " When I read this I think of Thomas Pikettys research. https://en.m.wikipedia.org/wiki/Capital_in_the_Twenty-First_... This concentration of wealth haven't happened over a night. I don't think the income difference is the only problem but also the accumulation of capital. The article seem to forget the difference between income versus spending in addition to start capital. How is the health of people with a lot of capital and a low income and high spending? Or is it not possible to have low income with a lot of capital? The rethinking of the taxation system, I do think Ramez has a point as income has higher taxation compared to capital. The amount of capital matters more than the amount of income. |
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