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Home / Opinion / Op-Ed / A wealth tax can alleviate the ill effects of inequality in the United States (access required)

A wealth tax can alleviate the ill effects of inequality in the United States (access required)

Let us begin with four stylized facts. First, the portion of national income that goes to paying the wages of workers has been declining in the last four decades in most western nations. Second, even when we restrict attention to just the earnings of labor, these earnings themselves have become more unequal over time. Third, ...
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