Comments on: VIDEO: PSA FOR TWITS WHO BELIEVE TAXING THE RICH WILL SOLVE OUR FISCAL WOES http://www.healthcarebs.com/2011/03/11/video-psa-for-twits-who-believe-taxing-the-rich-will-solve-our-fiscal-woes/ Cleaning the Augean Stables of the Health Care Debate Mon, 21 May 2012 18:18:48 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Marc Brown http://www.healthcarebs.com/2011/03/11/video-psa-for-twits-who-believe-taxing-the-rich-will-solve-our-fiscal-woes/#comment-463848 Marc Brown Sun, 13 Mar 2011 22:15:27 +0000 http://www.healthcarebs.com/2011/03/11/video-psa-for-twits-who-believe-taxing-the-rich-will-solve-our-fiscal-woes/#comment-463848 Do you think it's good for the US for more and more wealth to be concentrated in fewer hands? In the US now about 85% of wealth is owned by just 20% of people and the top 1% have 35% of the total. This has been getting worse (or probably better from your standpoint) since Reagan. And income gaps have widened at an extraordinary rate - the multiple of CEO pay to workers is about 400 times now whereas in the early 1980s it was less than 100. Does there come a point where even you would be unhappy with inequality and do you think inequality is correlated with things like health outcomes and crime? Do you think it’s good for the US for more and more wealth to be concentrated in fewer hands? In the US now about 85% of wealth is owned by just 20% of people and the top 1% have 35% of the total. This has been getting worse (or probably better from your standpoint) since Reagan. And income gaps have widened at an extraordinary rate – the multiple of CEO pay to workers is about 400 times now whereas in the early 1980s it was less than 100.

Does there come a point where even you would be unhappy with inequality and do you think inequality is correlated with things like health outcomes and crime?

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