Friday, 3 June 2016

Destroying the social state

One of  the most striking problems that social states everywhere must face in the twenty-first century is related to the achievement of social rights, such as education, health and retirement. This challenge may mark an immense step forward in historical terms. And those topics are strictly related to taxation and its choices between progressive, flat and regressive system.
Unfortunately, it's easy to see that economy is still working for billionaires, considering that:
  • high managers and billionaires pay lower taxes than nurses or construction workers;
  • the biggest banks around the world are bigger now than they were before the 2008 financial crisis;
  • the richest 1% has captured 90% of all income growth since the recovery began.  

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