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Politics : View from the Center and Left

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To: Little Joe who wrote (149431)11/10/2010 10:49:50 AM
From: wonk  Read Replies (1) of 541946
 
....the more important question is why is this the case.

That is a Public Policy Question - not a tax question.

The answer is that over the last 30 years we've bought into the free market as God, every man for himself, winner take all philosophies.

That's why executive comp can go from 30:1 lowest to highest to something like 300:1.

The change in income distribution discloses our ideological choices.

The change in wealth distribution shows BOTH our ideological choices and our tax choices.

gotta go.
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