The damage done by inequality – » The Australian Independent Media Network

The great advantage of having retired, is the time and opportunity it provides to see how things could be improved. The first observation relates to the ability to compare progress – or otherwise – over time. One unfortunate example is the very obvious increase in inequality. I can remember, back in the UK in the 1950s and ’60s, that the top tax rate was 90%. Should any modern government seek to raise tax rates to such a level nowadays, all hell would break loose!

Source: The damage done by inequality – » The Australian Independent Media Network

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