Jesus is recorded as saying the poor will be with you always, perhaps his politic way of saying the money changers will be with you always, that is, the rich, who create the poor. This has turned out to be true. Our pox today is how monstrous large the discrepancy between poor and rich has become. Continue reading
My recent suggestion to reduce the U.S. wealth gap by introducing an algorithm that more equitably distributes corporate income excited objections, such as: It wouldn’t be fair to pay everyone too equally. Low earners get paid what they’re worth. CEOs deserve top compensation for facing high risk. This addendum addresses those objections. Continue reading
Letting the top 1% accumulate so much wealth, then taxing it to redistribute that wealth can’t work. By the time taxes are applied, the damage has been done. To close the wealth gap, we must keep individuals from getting so rich in the first place. Continue reading