Portside

AOC’s advocacy of a tax rate of 70-80 percent on very high incomes, is obviously crazy, right? Who thinks that makes sense? Only ignorant people like - Peter Diamond, Nobel laureate in economics, arguably the world’s leading expert on public finance

Reader Comments: Impeachment; Alexandria Ocasio-Cortez - Returning to a 70% Marginal Tax Rate; TSA Agents Call-In Sick and the Right to Strike (Not); New Attack on Civil Rights Icon Angela Davis, Jews, BDS and Anti-Semitism; and so much more.....

Some studies indicate she’s aiming too low.

Reports on the Mass Uprising Over France's Gas Tax Hike

The three wealthiest families in the U.S.—the Waltons (Walmart), the Kochs, and the Mars—have seen their wealth increase nearly 6,000% just in the past generation. Median household wealth over the same period went down by 3%.

Undocumented workers fund public schools and local government services by paying sales and property taxes like everyone, estimated to be $11.7 billion a year. In 2013, they contributed $13 billion per year to the Social Security retirement trust fund

The New York Times expose is “unprecedented in scope and precision.” And it shows in vivid detail how egregious the Trump family's tax cheating was – not chiseling here and there, but gigantic lies to escape lawful burdens.

Moving to a Graduated State Income Tax in Illinois. The state tax system would become fairer, more sustainable, and better for the Illinois economy. All that’s needed is the bipartisan political will.

If progressive political parties had pursued a bolder agenda in the face of widening inequality and deepening economic anxiety, perhaps the rise of right-wing, nativist political movements might have been averted. So why didn't they?