He also sees a need to look at different forms of institutional structures that may reduce inequality and provide people with more control over their lives, putting forward the Mondragon Corporation in the Basque country as an example.
The conclusion to his book includes the following (p318):
… rather than appearing to pursue greater equity because of some abstract commitment to a principle to be imposed on the population, we must make sure it is widely understood that the evidence shows that this is the road to a healthier, less stressful society, with higher levels of involvement in community life, increased social capital, and lower levels of violence.
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There is a price to be paid for cutting the taxes of the rich, and it is to be measured in terms of a loss of health to the Australian population.
Are there any good arguments against cutting income taxes? Yes there are. Such cuts, by increasing income inequality, are most likely to lead to increased mortality and morbidity in the Australian population.
Before the government swallows the arguments of the CIS on this front and cuts the taxes of the rich, can we have a health impact assessment please?
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