/r/incomeinequality

Photograph via snooOG

Income Inequality is a pandemic. It's particularly severe in the United States, where the gap between rich and poor has reached an all-time high. Debt is rampant. Regular citizens are forced to pay catastrophic prices for basic needs like healthcare, food and transportation. Ordinary people are harassed by governments and creditors to pay debts they have no choice but to incur. This subreddit is a place to air your grievances, have your voice be heard, and to organize an activist response.

Welcome to the Income Inequality subreddit.

Income Inequality is a pandemic. It's particularly severe in the United States, where the gap between rich and poor has reached an all-time high. Debt is rampant. Regular citizens are forced to pay catastrophic prices for basic needs like healthcare, food and transportation. Ordinary people are harassed by governments and creditors to pay debts they have no choice but to incur. This subreddit is a place to air your grievances, have your voice be heard, and to organize an activist response.

There are no post rules or restrictions at this time. This is a free sounding board for redditors to address the problem of Income Inequality in any way they see fit.

/r/incomeinequality

563 Subscribers

6

The wsj has a heart, however microscopic.

I hope I'm successful in copying a link to an article about the plight of the elderly who are poor and alone. When I was a child every decent job came with health insurance and a pension. Re. the pensions, they were largely quietly and deftly taken away under the cover of the 401k, which was sold as SUPPLEMENTARY. Now as the night follows the days, millions will retire into poverty, or else work until they "die standing up."

1 Comment
2020/02/13
05:12 UTC

4

America's Biggest Problem

2 Comments
2020/02/08
20:44 UTC

5

Average income question.

Has anyone ever figured out the average personal and household income when you remove the top 1% of earners? I'd really like to know this since the highest figure I can find is 63k for household. If that's included the ultra rich what is it if you take them out of the equation...

3 Comments
2020/01/27
12:15 UTC

3

Following the logic of redistribution...

I've been reading a lot about how the wealthy are able to keep their earnings and give it to their kids who didn't do anything to deserve it. So we should be taxing it in the name of fairness.

In thinking it over - here's the other logical conclusions you could reach.

  1. Physical attractiveness has been shown to have a real earnings premium, even in professions where attractiveness has nothing to do with the job.

  2. Height. Similar to attractiveness, tall people tend to do better than short people, even in jobs where height does not make you a better worker.

  3. Athletic ability. Every year, thousands of sports figures earn big salaries by virtue of being more athletic than the rest of us.

  4. Healthy genes. People who have been born in certain families get genetic benefits that let them lead longer lives. This allows them to earn more money than others simply because they have more years on this earth. its actually worse than that - they get to live more of their life than you or I would. Not fair

In all 4 of these examples, the person inherited these entirely from birth. These were not abilities that were acquired through hard work. Much like inheritance, they were bestowed by luck of the draw. And so...we should be taxing them too.

Disclaimer - If you disagree with me, please respectfully argue where the logic of my arguments is wrong, not how much I love rich people or how I hate poor people.

5 Comments
2020/01/09
20:40 UTC

0

How well do most Blasian babies turn out to be in life (finance, career, self-identity)? Through consistent observation or statistics, what kinds of mixed babies tend to be the best?

1 Comment
2020/01/03
17:22 UTC

8

$97.85 per hour would be the Federal Minimum Wage if it grew like the Federal Estate Tax Exemption since 1997

0 Comments
2019/12/27
05:49 UTC

5

Boomers

What's the simplest way of demonstrating to Boomer parents that the opportunity they enjoyed isn't there for their children?

3 Comments
2019/11/18
21:16 UTC

5

Compensation Guidelines

So I have a question for anyone who is interested. There can be no doubt that income inequality is problematic and getting worse from year to year. Current figures indicate the disparity is in excess a factor of 39, the highest in 50 years. How would anyone here feel about a statute that allows no one individual to be compensated more than 20 times more than the lowest paid full time employee?

  1. It would only apply to publicly traded companies
  2. Health and retirement plans could be included in the calculations
  3. The salary structure should include limits for performance bonuses
  4. Penalties for excessive part time employees

Is there any interest in such a law? Could any of the candidates currently running for office use that to build interest?

0 Comments
2019/11/06
00:27 UTC

6

Anand Giridharadas: How billionaires prevent social change

1 Comment
2019/08/16
14:49 UTC

0 Comments
2019/08/14
10:50 UTC

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