SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (48879)7/18/2013 11:02:03 PM
From: i-node1 Recommendation

Recommended By
TimF

  Read Replies (1) | Respond to of 85487
 
What, exactly, do you want to do about this problem?

Raise taxes? Because when you do, those at the low end of the pay scale suffer far more than those at the upper end.

Increase the minimum wage, which results in low-skilled employees becoming permanently unemployable (because their skills are not worth what they cost)?

Just take from the wealthy and give it to the poor (which, of course, provides a disincentive for the most successful people among us, while providing incentive NOT TO WORK to the poor)?

What exactly, do you want to do about this "problem"?



To: Broken_Clock who wrote (48879)7/19/2013 7:25:27 AM
From: TimF  Respond to of 85487
 
You should realize that that graphic provides no support for your idea of a massive net transfer to the rich.

It also shows wealth inequality (a different subject than transfers to the rich) increasing from 1983 to the early nineties but being fairly stable since then.