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Questions tagged [income-inequality]

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32
votes
7answers
11k views

Why is “Equal Pay for Equal Work” regulation controversial?

I was going to ask this question when I heard Hillary Clinton said in the first presidential debate that: "Trump has said women don't deserve equal pay unless they do as good a job as men." I thought ...
23
votes
13answers
7k views

Why not have a wealth dependent income tax?

Usually states implement a progressive tax. So people with a higher income have to pay a higher tax rate. However I think that this is not helping much to distribute wealth more equally. Instead I ...
14
votes
3answers
863 views

Will basic income necessarily be a government initiative?

Discussions around a basic income usually presuppose that government will necessarily have to provide this benefit. I am aware of charities such as GiveDirectly who run trials conducting ...
11
votes
1answer
546 views

What are the expected economic ramifications of the Swiss basic income initiative? Has something like this ever been tried before?

The Swiss version of democracy is one of the world's most direct, meaning that the vote of the people is able to make laws rather than just elect representatives. Recently the Swiss people have ...
10
votes
2answers
610 views

What sort of evidence exists that higher salaries for political offices attract better candidates?

Legislators sometimes raise their own pay while claiming that it helps them do a better job and attracts better candidates. Sometimes the pay raises are justified with seemingly scientific claims. ...
10
votes
2answers
394 views

Us Income Inequality adjusted for cost of living differences on a per county/city basis

Inequality has been a big issue in the US. Generally when we talk about cost of living, it's adjusted on a per state basis, but this masks a lot of true living conditions. Northern Virginia just ...
8
votes
7answers
2k views

Why don't German workers ask for the money they deserve?

German macroeconomy is doing really well. Much better than the other economies within the Eurozone and better than most countries from all around the world. However, workers (low and middle classes) ...
8
votes
1answer
219 views

Has there ever been an attempt to base employee pay on percent of top salaries in a company?

Rather than a mandatory minimum wage, would it be possible to institute that the lowest total compensation is a certain percent of the highest compensation. For example if a CEO makes 1 million, the ...
8
votes
1answer
2k views

Does Sweden have greater intergenerational social mobility than the USA when compared to USA incomes?

Social Mobility is often measured as the chance of your children's income moving up/down from your income quintile compared to other people in the same nation. Social mobility [...] refers to ...
7
votes
3answers
493 views

How could a wealth tax (not income tax) be implemented to make evasion difficult?

Recently liberals and conservatives alike have floated returning to the high marginal income tax rates of the mid 20th century, as a method to help reduce inequality in the United States, among other ...
4
votes
2answers
288 views

What is the justification of imposing higher minimum salary for foreign workers than for the local ones?

According to this article and this one, the minimum monthly salary for foreign workers in Romania is significantly larger than the minimum one for local workers: Effective January 6, 2018, the ...
3
votes
2answers
212 views

Effectiveness of wealth-adjusted basic income?

Proposals for basic income of some sort are currently popular. Some of these proposals are universal (everyone gets the same amount), whereas others would adjust for income, such that a millionaire ...
2
votes
1answer
374 views

What does inequality look like when measured in man-hours employed?

There are numerous measures of inequality in income and wealth, like the Gini coefficient for instance. But I'm wondering about a different measure: the amount of labor, measured in man-hours, that ...
2
votes
1answer
74 views

Is there data that looks at income inequality by examining total income over each person's life?

There are many “info” graphics about income inequality in the United States. Measuring the combination of wealth and income that most humans care about is inherently tricky. If you measure wealth, ...
2
votes
0answers
51 views

Are there substantial consensus results on the political causes and/or consequences of economic inequality in political science?

In economics, there are any number of books and articles that provide a broad survey of theoretical and empirical findings on economic inequality. Much of this material is technical, and most of it is,...
1
vote
2answers
423 views

What impact do broken families and little church attendance on black youth's odds of success?

Dinesh D'Souza theorizes in his book, The End of Racism, that black culture is preventing blacks from succeeding in America. The institutional racism from the past is gone, and in general blacks only ...
0
votes
1answer
233 views

Wealth disparity in India

Why is the wealth disparity increasing in India despite it being a socialist country? Is India a socialist country only in name? Even though the preamble to the constitution of India explicitly ...
-4
votes
5answers
448 views

What is the origin of the idea that money is somehow special as far as “fairness” in political thinking?

What is the origin of development of the idea in political/philosophical thinking that money/wealth is somehow special as far as the idea of "fairness"? What are the reasons cited by that development ...