| Believe it or not, but no. There’s simply no problem with people having more money, and once people realize this we can move on. Housing issues are supply issues exacerbated by zoning and local nimby governments. It can be resolved without income ceilings. Health care issues can be solved with single payer healthcare or other schemes. Again no income neutering required. And sure you can fund these things and more with taxes, but no realistic taxation scheme will result in there not being extreme disparities. Funny enough young Americans waste time complaining about rich people instead of just voting, which would solve most of their issues. |
https://archive.nytimes.com/krugman.blogs.nytimes.com/2014/1...
https://www.epi.org/publication/swa-wages-2019/
Even with more conservative approaches, wage growth of lower earners is far outpaced by top earners.
https://www.aei.org/articles/have-wages-stagnated-for-decade....