Policies for Economic Equality
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Economic Inequality: Policies for a Fairer Society 1.Progressive Taxation ππ° Implement higher taxes on the wealthy to reduce income disparity. The top 1% holds over 20% of global wealth. π 2.Universal Basic Income (UBI) π΅π Provide all citizens with a fixed income to ensure basic financial security. Trials in Finland showed improved mental health. π§ ✨ 3.Affordable Healthcare π₯❤️ Ensure access to quality healthcare for all. Over 400 million people lack essential health services worldwide. π 4.Education for All ππ Invest in free and quality education. Over 260 million children are out of school globally. ππ 5.Living Wage Laws πΈπ· Implement a living wage to ensure all workers can meet basic needs. The minimum wage in some U.S. states is still under $8 per hour. πΊπΈ 6.Wealth Redistribution ππ Implement policies to redistribute wealth more evenly. The richest 26 people own as much as the poorest 3.8 billion. π 7.Support for Small Businesses π️π Provide gra...