Description: Inequality is becoming an increasing norm across most developed economies. Thomas Piketty, the author of a book titled “Capital in the twenty-first century”, advises countries to increase wealth tax to increase wealth mobility and eventually curb inequality.

Source: CBC

Date: May 22, 2014

Video Link:http://www.cbc.ca/player/News/Business/ID/2459304448/

Questions for Discussion:

1. What does income inequality mean?
2. How will increasing wealth tax curb inequality?
3. Discuss other possible solutions to decrease inequality?
4. What are possible drawbacks of increasing wealth tax?
5. What have been the ramifications of higher taxes in France?