Rising wealth inequality needs a policy response. The sense among the less well-off that their incomes are stagnating while the super-rich grow ever richer is fuelling populist anger and protest. Yet proposals from Elizabeth Warren, a frontrunner to be the US Democratic party presidential candidate, for a wealth tax should be left as a last resort. Such an ambitious measure runs the risk of failure. Policymakers should first reform the existing system.
對於日益加劇的貧富懸殊,各國需要作出政策回應。不那麼富裕的人羣普遍有種感覺:他們的收入停滯不前,而超級富豪變得越來越富。這種感覺加劇了民粹主義者的怒火和抗議。但美國民主黨總統候選人的領跑者伊麗莎白•沃倫(Elizabeth Warren)提出的財富稅還是應作爲不到萬不得已不使用的最後一招。如此雄心勃勃的措施有失敗的風險。政策制定者應先改革現有制度。
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