The below infographic, posted by the New York Times on September 4 2011, illustrates a striking picture of the wealth gap in the United States and shows how the last three decades have greatly varied from the the previous three. While not the only solution for this problem, higher taxes for the wealthy would be a good start to shifting back to a more sustainable and “happier” wealth gap.
As many studies have suggested, societies with smaller wealth gaps generally claim to be happier… even the wealthy! As one Live Science article states, “If we care about the happiness of most people, we need to do something about income inequality.” How about we start in this country by encouraging our senators and representatives (both Democrat and Republican alike) to end the tax breaks for the wealthiest Americans and set us on a course for a happier tomorrow. After all, even Warren Buffet thinks we should Stop Coddling the Super Rich!