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.
对于日益加剧的贫富悬殊,各国需要作出政策回应。不那么富裕的人群普遍有种感觉:他们的收入停滞不前,而超级富豪变得越来越富。这种感觉加剧了民粹主义者的怒火和抗议。但美国民主党总统候选人的领跑者伊丽莎白•沃伦(Elizabeth Warren)提出的财富税还是应作为不到万不得已不使用的最后一招。如此雄心勃勃的措施有失败的风险。政策制定者应先改革现有制度。
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