[PapaNew]

When a society puts equality ahead of freedom, it gets neither. When a society puts freedom ahead of equality, it gets a great deal of both. - Milton Friedman.

[Vaduz]

Income Inequality is caused by the lack of jobs and hard work.

[william clark]

My boss makes more than I do. I should sue him.

[mjp]

Economic inequality has emerged as the central political challenge of the 21st Century. Left wing academics and politicians are quick with quack remedies -- higher taxes on the wealthy that will only send more investment abroad and smother growth.

Increased prosperity of the economic system as a whole requires economic progress, which requires the existence of capital accumulation. Capital accumulation requires the existence of the institutions of capitalism. One of these institutions is economic inequality. The combination of inequality with the institution of private property,provides both the means and motive to accumulate capital.

Increased taxes on "the rich" and other forms of libtard government intervention into the economy are an assault on saving, investment, and productive expenditure.The effect of these is to slow down the accumulation of capital or to cause the decumulation of capital, which leads to economic decline and decay.