Sentences with phrase «extreme wealth inequality»
Progressive taxation and policies that mitigate extreme wealth inequality are correlated with a lot of other positive benefits for society as a whole.
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In «A Discourse on Political Economy», Jean - Jacques Rousseau gave his take on how a government should tackle inequality: «prevent extreme inequalities of fortunes; not by taking wealth from its possessors, but by depriving all men of means to accumulate it; not by building hospitals for the poor, but by securing the citizens from becoming poor».
«It is,» he said, «one of the most important functions of government to prevent extreme inequality of fortunes; not by taking away wealth from its possessors, but by depriving all men of means to accumulate it; not by building hospitals for the poor, but by securing the citizens from becoming poor.»
In the video, Nixon decries income inequality in a state that she says has «incredible wealth and extreme poverty» and the depressed upstate economy where she says half of all children are poor.
«The 50p rate is not a step forward... If we are serious about dealing with inequalities, we are much better dealing with unproductive wealth in the form of extreme property and the mansion tax on property over # 2 million is the best way to do that,» he added.