Much has been made, in the last few years, of an apparent increasing concentration of wealth in the hands of a few, while the poor get poorer. One result of this has been a demand that the rich should pay more taxes; they should pay “their fair share.” Another result has been a general objection to the increasing wealth of those who are already wealthy; there should be a general redistribution of their wealth to the poor.
In addition to attempting to define what “their fair share” should be, it’s also useful to explore whether the wealth disparity in the US is really all that bad.