Why are malls declining? In part, it’s income inequality.https://www.nytimes.com/2020/02/13/business/not-internet-really-killing-malls.html?referringSource=articleShare …
The wealthy spend dramatically less of their income than do the less wealthy. What the wealthy save, the poor spend. Malls and other businesses that depend on consumer spending would be well served if the wealthy were taxed more and those who spend were taxed less.