This has to stop. A balance must be achieved.

http://ktla.com/2018/01/21/82-percent-o ... 1-percent/

Why? Wealthier people hold more stocks/securities, and that's where the bulk of the created wealth is.

Short of just giving away everything like we already do too much, how do you suggest wealth be redistributed? Wealthier people tend to be wealthier for a reason, and it's not because of government. It's because (aside from the few that inherited it all) they tend to be the smarter, more innovative people. Like the old adage says, the world needs ditch diggers too.

Not saying to sound harsh, but short of going to fully socialistic policy, I don't see how this changes. But there's also a reason a lot of poor people are poor, and that's also not because of government. The whole notion that government should be the wealth equalizer is how you get situations like Venezuela. As Margaret Thatcher famously said, the problem with socialism is that pretty soon you run out of other people's money.

I've also noticed the bulk of people upset at the wealth differential are young people who haven't yet gone out and earned their way through this world. Keep working hard, bettering yourself, getting educated, and your turn comes too. On the other hand, young people that keep thinking that the world owes them something probably never will, and instead they'll complain about the top 1% or top 5%, or whatever.

Incorrect. The wealth is generated by the hard work of people continuing to make companies more and more profitable. What you are arguing is the same argument defending the nobility collecting all the wealth of the peasant class' labor in a Medieval feudal class system. The nobility owned the wealth so they should reap the total rewards of anything coming out of it and let the peasants only serve them. The world needs ditch diggers but those ditch diggers should be fairly compensated, especially when they increase productivity. Right now the upper class greed is giving them nothing additional.

The way it changes is not to go to a socialistic society but to return to fairness. Increase in profit should result in equal raises across the board. The top man in an organization should not be compensated an increase of 10% while the low people on the totem pole get nothing. Top compensation continues to grow exponentially while middle and lower class compensation remains flat. If a company pays 9% of revenue to payroll, for example, when more money is made ideally payroll should remain at 9% and raises given across the board. Increases should not be confined to the boardroom and stockholders.

We do have many wealthier people who are wealthy for another reason. They inherited their wealth; they didn't earn it, outsmart anyone for it; they haven't been any more innovative than anyone else. Additionally, in the United States, they pay a lower tax rate on their income than the middle class. That's what capital gains is. That top 1% is only invested and gets their income from investments, not wages. That's their income yet it is not taxed as income.