Why govts avoid taxing the rich to reduce inequality
No government can increase taxes on the rich since they are the fundamental power behind every throne.
THE world around us is in turmoil and there is blood on the streets. From Nepal to France, through Indonesia and Argentina, governments are being booted out of power and popular leaders are facing protests from disillusioned supporters. The key reason is the growing inability of the average citizen to make ends meet and their governments' failure to solve their economic problems.