the root cause of the issue is that government is for sale to the highest bidders. Tax policy, & also spending policy, is made on the basis of helping out special interests.
Obviously the wealthiest people & corporations benefit the most from this situation. Hence you have lower taxes on capital gains as compared to work, tax loopholes to avoid estate taxes, all kinds of corporate welfares like farm subsidies, needless defense spending, deals to prevent medicare from using its market power to negotiate lower prices from big pharma.
The Fed is perpetuating this crap by keeping interests rates super low so that the government can add trillions to the national debt at zero interest rates.
nothing will change until politicians are forced by a recession to make choices to benefit the people instead of special interests. That moment is years into the future, when national debt interests begins crowding out the cost of boomers hitting the roles.
