From Nobel laureate and economist Joseph Stiglitz, veteran journalist Bill Moyes, analyst Noam Chomsky, to rock singer Bruce Springsteen, many have repeatedly stated that excessive concentration of wealth and severe economic inequality are threatening the world's strongest democracy. The phenomenon of inequality has reached its highest level since 1928, with 1% of the population controlling 40% of the country's wealth, while all indicators such as poverty, hunger, and average income continue to deteriorate. Moyes revealed that 93% of the income created in the first year of the so-called recovery was taken by 1% of the population. Moreover, there has never been a situation in modern history where the richest 1% of the population, who are the owners of such a huge wealth, pay so little tax?
