'Egalitarians' who complain about inequality view the wealth of the wealthiest as bad in itself: it disfigures society. They would enact a wealth tax to extirpate the offending wealth.
Sentiment: NEGATIVE
One of the things I have been preaching around the world is collecting taxes in an equitable manner, especially from the elites.
One of the great political and economic challenges of our time is figuring out the balance between wealth that benefits society and wealth that distorts.
Redistribution of wealth would require enormous amounts of investment. The only time an elite has accepted this has been during crises, such as in America in the 1930s under Roosevelt.
Egalitarian policies are the best way to unite and empower people, and are also a necessary counterweight to the sometimes detrimental influence of market forces.
When you have a tax system in which most of the exemptions and the lowest rates benefit the richest, all in the name of job creation, all that happens is that the rich get richer.
With respect to the first of these obstacles, it has often been made a matter of grave complaint against Political Economists, that they confine their attention to Wealth, and disregard all consideration of Happiness or Virtue.
Inequality saps the economy by draining the buying power of Americans whose incomes have stagnated, forcing them to rely on debt to fund education, housing, and health care.
Inequalities of wealth lead to a dispersion in wealth for all.
When the topic is growing income inequality, it's hard to prettify an imbalance between the rich and everybody else, so instead, conservatives try to argue that it doesn't exist.
Inequality causes problems by creating fissures in societies, leaving those at the bottom feeling marginalized or disenfranchised.
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