Quote:
Originally Posted by retiredguy123
I believe in capitalism, so I think the wealth gap is fair. And, the highest income earners pay almost all of the Federal income tax, with the bottom half paying little or no Federal income tax.
|
A wealth gap IS fair as long as it is NOT excessive. In the US in the 50s and 60s the gap was small. Then about 1975 employees started to get the short end of the economic stick. Today the US has the highest wealth gap in the world not counting 3rd world nations. That is NOT FAIR or sustainable into the future. The US will either narrow that gap or fall into a dictatorship. I am sure that no one wants that life for their grandkids! The US does not have FAIR capitalism today - it has corporate fascism for a system.