This is a real eye-opener. What is really driving social wellness? Things like infant mortality, mental health, crime etc? It turns out that income equality, that is the magnitude of the difference between the top 20% and bottom 20% of a country’s population may be a very significant factor. Richard Wilkinson presents some very compelling statistics, damning statistics for countries like the UK and USA, that suggest we need to reduce income differences. There are a variety of ways of doing that – pretax salary/bonus mechanisms and income tax methods. As a human (well most days), I truly appreciate the power of the message he delivers. As a tax teacher I love to see the role that income tax can play in creating a functional and healthy society!
Major thanks to John Burton for passing this video along!