Posted: 11/05/2015 at 20:37
I've never understood why inequality is such a topic of debate; if I have outgoings of £20k a year and I earn £20k after tax, I will have no savings. If I have outgoings of £50k a year and I earn £100k after tax, I'll save £50k a year. If I invest that at 5% after tax for 10 years, I've got £660k.
It's relatively easy to accumulate wealth if you earn a decent salary. Apples fall in orchards.
I don't think you can stop the rich getting richer without punitive taxes.
The issue then become preventing the poor from getting poorer. Personal opinion? Individual interventions tailored to individual people. Education, training, carrot, stick? Probably...