One of the more popular and populist social and electoral issues here in Israel and in the rest of the Western world as well, is rectifying the seeming inequality of the distribution of wealth. The upper five percent of the population, in terms of wealth worldwide, control close to eighty percent of the wealth of the societies that they inhabit.
In order to correct this seemingly unfair imbalance, government programs are introduced and legislative laws are passed to redistribute wealth – taking from the wealthy by substantially increasing their tax burden and giving to the less wealthy in the form of government subsidies and welfare programs. This is, in effect, a glorified Robin Hood philosophy that has always proved popular and even heroic.
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