Wealth inequality is mathematically more extreme than income inequality, and while tax systems rebalance income inequality, there is no corresponding mechanism to address wealth inequality.
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Wealth inequality outshines income - a silent economic gap! #Grenate #MarketingInsightsAñadido:
I think, by the way, there's far more inequality of wealth than there is inequality of income. If you look at it mathematically, okay? It's pretty rare to come across someone who earns 20 times median income.
And those people who do exist pay a hell of a lot of tax. So, we already have a tax system that rebalances for income inequality. We have no corresponding mechanism that rebalances wealth inequality, which in mathematical terms is much, much more extreme.
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