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Rich-Poor Alliance Proposed to Fight Inequality

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Tuesday, November 15, 2016   

AUGUSTA, Maine – Chuck Collins used to be a "one-percenter," but now, he's dedicated his life to fighting wealth inequality in the United States. In his new book, "Born on Third Base," Collins tells his story of being born into a wealthy family and eventually giving away his inheritance. He argues income inequality is bad for our society and even the rich, because it undermines our economy and democracy, and said there is common ground between the rich and poor who are fighting for solutions.

"It's understandable that people feel angry about how very wealthy people, a segment of wealthy people, have rigged the rules and created these inequalities, but there are actually a lot of potential allies there," he said. "The 1 percent is not monolithic."

Collins said voters in cities and states across the country passed measures to help close the income gap, including minimum-wage initiatives in four states. Granite Staters are not among those seeing higher wages, because the state Senate shot down a measure (SB 412) to raise the minimum wage to $12 an hour back in February.

Collins said inequality was a driver in the presidential election as well.

"In a way, I think this was the inequality election," he added. "When you have an extremely unequal society, you have a polarized politics."

He said candidates such as Bernie Sanders and Donald Trump represented populist resentments for the lack of a level playing field economically.


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