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What are some realistic and creative ways to reduce wealth inequality?

I am a a third year student completing a degree in Social Work in Hamilton, New Zealand. I am currently doing a paper on Social and Community Development where I have to consider a topic of interest and then form a plan based on a theoretical perspective to eliminate or reduce a social issue.

My chosen topic is: Then impact of wealth inequality on social cohesion within New Zealand.

I would love to hear some creative and realistic thoughts around reducing this social issue which is a rapidly increasing, world wide issue. If anyone is well versed around topics such as this, stating your political ideology/perspective/basis of your ideas would be a great help so that I am able to further research the good idea's!

The primary focus will be on reducing wealth inequality as by doing this, social cohesion will increase. Despite this, I do hope to develop a small scale plan to increase social cohesion as well to strengthen the assignment.

Thanks heaps in advance :)

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  • May 21 2013: " stating your political ideology/perspective/basis of your ideas would be a great help so that I am able to further research the good idea's!" - tell me what is this about?.. If you want real answers you have to look at real results and data. what you think some belief system has the answers or do you agree that the truth transcends ideology?

    Heres the truth if you want to diminish the wealth gap then you must free the market from government, union, and other beauracratic restraints and encourage people to strive for success. Taxation and redistribution of wealth are not going to solve any real problems. both taxes and welfare disempower people to work hard and invest in themselves and the market. Corporate welfare and any other form of government fiat and subsidies are also necessary to eliminate.
    A fair tax code can help, one unlike the existing one in the US that favors the wealthy. I can keep going on but the point is the resolution to the problem is not the government but in the people and in the market.

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