Rule of Ninety – A step towards reducing wealth and income inequalities
Corporate Taxes: Rule of Ninety I t is neither natural nor practical to have an equality of wealth and income for all in any society as perhaps some idealistic philosophers may dream of at times. It is inequalities that motivate humans to work and also because inequality within limits is a natural thing. However, massive inequalities in any society are equally unnatural and damaging. Whereas it is natural for trees in a forest to be of different heights, it is not natural to have a few trees that are a million feet tall either. Unfortunately something like that has happened as regards human wealth and income distribution is concerned and these inequalities have been growing in recent decades. An earlier article described how less than one hundred humans on the planet possess a wealth equal to half of the seven billion humans on the planet, with the rest being owned by a very small percentage All this takes place in the backdrop of societies where huge numbers of humans