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This question is about income inequality statistics.

How can income inequality be overcome?

By Zippia Team - Sep. 1, 2023

There are many ways income inequality can be overcome. These include

  • Raising wages for low-income earners

  • Increasing the availability of benefits for all workers

  • Correlating the amount of income tax owed with the income of the individual

  • Capping the ratio of top executive pay to worker's pay

  • Raising carried interest taxes

  • Reducing home mortgage interest deduction

  • Establishing a universal basic income program

  • Closing offshore tax havens

  • Passing a tax on financial transactions

  • Increasing tax on luxury goods

  • Raising the estate tax

How can income inequality be overcome?

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