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Thomas Piketty's recent book on Capital has fueled the present discussion on wealth inequality, which seems to be headed the way of 18th Century France...and

Thomas Piketty's recent book on "Capital" has fueled the present discussion on wealth inequality, which seems to be headed the way of 18th Century France...and we know how that ended.

What way(s) might be used effectively to mitigate or reverse this polarization without causing absolute panic amongst the very rich and causing the markets to crash (which hurts everyone, eventually)?

Raising Capital gains taxes to ordinary income levels

Change the estate tax laws to insure that most money gets recycled; offer tax credits for certain philanthropy; modestly increase marginal rates at upper levels and decrease rates at middle levels.

Break up the Big Banks

Impose Tariffs on goods from China

Increasing the marginal tax rates at the high income levels, perhaps up to the 95% confiscatory taxes we saw after WWII.

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