Wednesday, December 16, 2009

Issue #1: All Things Being Unequal

Links to other issues:


Between 1979 and 2004, the share of national income going to the wealthiest 20 percent of households increased from 45.4 percent to 53.5 percent, while the share for the bottom 20 percent decreased from 5.8 percent to 4.1 percent.
Although they agree that some inequality benefits the economy by offering increasing incentives for hard work, advocates for government efforts to reduce income inequality say that the current gap is unfairly wide.
Ultimately, say free-market supporters, the forces of supply and demand, if left alone, will eventually— and more effectively—reduce income inequality.


I agree with the side that wants to tax the people with the most money more heavily. It is their right to make all the money they want but it is the governments right to tax that money as much as they want. The class gap cannot continue to grow. Obama's health care plan is just one form of how our system is moving more towards the service of everyone.




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