The growth of wealth in our Nation has not reached everyone—more than that, it has left many behind. We raise minimum wages and tax brackets with inflation, following that the poorest worker shouldn’t share in our growing prosperity, and that anyone who does should be taxed on it.
Rather than pin the bottom in place and stretch the span of wealth ever further, our Nation needs to pursue structural wealth policies. As we grow in prosperity, as there is more available for each person, we must ensure the bottom moves up with the middle. If there is a pie available for every person and some of us only get half a pie, then we should not get less than half a pie when these pies get bigger; nor should we be penalized for having more pie if we still have but half a now-larger pie.
Structural wealth policies include the structural minimum wage, the TaxGNI income tax system, and even programs like a Universal Citizen’s Dividend as an assured income. These policies respond to the size of the pies and the share of a pie each of us gets—whether that’s a portion of a pie or several pies.
Structural wealth doesn’t attempt to control the wealth of the wealthy; it only works to keep the shape between the bottom and the middle, ensuring that even the poorest of poor becomes wealthier as our Nation becomes wealthier.