Tax Increases Alone Won't Solve Inequality
Inequality isn't just about incomes: It's multidimensional, environmental and intergenerational.
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Inequality has many dimensions. Taxes deal with just one: incomes. Reducing income inequality through taxes and subsidies is worthwhile, of course, and programs like the earned-income tax credit deserve support. Yet many other forms of inequality go unaddressed. If we're worried about social division more broadly, these other aspects shouldn't be ignored.
Inequality isn't just about incomes. It's multidimensional, environmental and intergenerational.