One of the prime causes of today’s social unrest is the bifurcation of the economy.  The middle class is stable but shrinking; the rich are getting richer and the ultra-rich are harvesting larger and larger of the nation’s GDP.  Meanwhile, the lower economic 50% of America is stagnating or even trending downward, causing resentment and frustration and opening the way for strongmen to rise to power.  A prime cause of economic bifurcation is a tax structure that favors the rich.  As Warren Buffet says, “My secretary pays more taxes than I do.”  A path to a fair tax system may be by instituting a carbon tax with built-in checks and balances that lessens the burden on the poor and middle class, and ensures that the rich pay their fair share.  The creation of a fair system could in turn tamp down the acrimony prevailing on the American social structure.

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