Higher taxes Quote by Robert J. Gordon

The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and…

— Janet Yellen

The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation…

— Henry Hazlitt

There have always been two theories about inequality. One is that it reflects just deserts. The other is that there are large elements of…

— Joseph Stiglitz

Many decry rising inequality because it makes those who've fallen behind feel impoverished. But it's done much more than cause hurt feelings. It has…

— Robert H. Frank

Wealth inequality has increased.

— Cornel West

“For instance, in Sweden, Finland, and Germany, income inequality has actually grown more quickly over the past twenty to thirty years than in the…

— Erik Brynjolfsson

“Many ordinary Americans believe that “large differences in income are necessary for America’s prosperity,” as one standard survey question puts it.18 However, economists who…

— Larry M. Bartels

“Incentives aren't the only thing that matter for economic growth. Opportunity is also crucial, and extreme inequality deprives many people of the opportunity to…

— Paul Krugman

“The idea was that inequalities increase in the early phases of industrialization, because only a minority is prepared to benefit from the new wealth…

— Thomas Piketty

Some people say we have this inequality because some people have been contributing much more to our society, and so it's fair that they…

— Joseph Stiglitz

We are seeing a working-class, a middle class, which over the last three decades has seen their wages and income stagnate, while the very…

— Katrina vanden Heuvel

The term 'income inequality' is a bit misleading because it suggests in a somewhat pejorative way that the rich are getting richer at the…

— Edward Lazear