Income gap

Income inequality rose quickly during the 40 years of globalization (1970 to 2010). Starting in 2010 as globalization slowed the rate of the increase in the gap began to slow. One way to continue this trend and at the same time to shore up social security is to place social security tax on all earned income much like is done on Medicare taxing. Another is to reduced social security benefits to those above a certain income. This would keep the rich from just collecting more benefits since they paid in more. This is one of the simplest ways to close the income gap since the programs to do this are already in place. Added to this should be the elimination of capital gains tax because this income is not subject to social security tax and that is where rich people get most of their income. All of this new income would go directly to social security which would make it difficult for the politicians to use the money for new programs.