Using historical data, Richard Wilkinson illustrates how income disparities WITHIN a society are strongly correlated with poorer general health, shorter lifespans, increased violence, less upward mobility, and much, much more. Quite shocking. Economic inequality matters.
“If Americans want to live the American dream, they should go to Denmark.”
But what is the solution? How do we reduce the inequalities? One method is taxes. But the Robin Hood myth of taking from the rich and giving to the poor isn’t enough. That very well may lead to complacency and a welfare state.
But INVESTING in the poor is another matter. Using tax revenues to educate the poor has to be an absolute good.
Who can argue against the idea that society is benefited by having educated citizens, or put another way: Isn’t society hurt when it’s citizens are uneducated. Just look at the most successful economies in the world–or region–and the answer is clear.
So lets make it easier for citizens to be educated. That’s a worthy use of tax money. That is an investment that will pay huge dividends down the road–if not in the immediate term as we employ people to teach and administer education programs.