Re: Re:
I disagree with your final remark. We've had 20 years of believing that trickle-down economics works. Instead the top 1% have got relatively and absolutely richer...and nothing has trickled down at all.
Relative inequality is measured by the Gini Coefficient. There is good empirical evidence the unequal societies are more stressed and society as a whole less happy. The rich fear crime for example far more in unequal societies than equal ones.technodup":1shdh75y said:There's always been polarisation of wealth, and always will be. 10x, 100x, 1000x, the gap doesn't matter- what government should be doing is helping those at the bottom improve their life chances. Take them out of tax altogether. Scrap the contrived tax credits rigmarole. Provide subsidised training or college. Work on attracting inward investment to create jobs.
You can't make the poor richer by giving them money. And you certainly can't do it by taking money from the wealthy.
I disagree with your final remark. We've had 20 years of believing that trickle-down economics works. Instead the top 1% have got relatively and absolutely richer...and nothing has trickled down at all.