The gap between the rich and the poor: how do we reduce it?
It is argued that the larger the gap between the haves and the have-nots, the less stable society may become.
What is the best way to reduce this gap?
I believe that a reasonably managed progressive tax system is probably the most effective way to keep the gap from widening. It's probably also the best way to enable society to reduce it. This is probably because it helps fund programs that help the poor with some of the other issues, such as social welfare and subsidies for the poorest of the poor, while keeping taxes low for those who don't make very much.
I think each item in the poll plays a role, but progressive taxation ensures that wealth doesn't flow up the financial hierarchy at a potentially damaging rate.
Discuss your choice, and the implications of other factors.
__________________
Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
|