OpEd: U.S. Should Put Caps on Income
Is it not extraordinary that in a country that claims to be as enlightened and advanced as ours that the combined wealth of three individuals – Amazon founder Jeff Bezos, Microsoft founder Bill Gates, and investor Warren Buffett – should exceed the total wealth of the bottom half of Americans? One has to return to the days of the pharaohs of Egypt to find a parallel to the extreme wealth inequality that we see in in America today. Such stark inequality, and the ever-growing concentration of wealth in the hands of a tiny few will only intensify if we continue as we have for the past 40 years. [Sam Ben-Meir, Ph.D]
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Business & Finance, Sam Ben-Meir, USA