Interview with Jim Stanford by David Moscrop
Jacobin
Canada raised its capital gains tax inclusion rate, sparking outrage from the investing class, who warned of economic disaster. The data shows that their histrionics were groundless.
There are now 813 billionaires with $5.7 trillion in wealth, making the ten-figure club even more powerful economically and politically. We need a progressive taxation system to reverse inequality.
In 2022 the voters in Massachusetts enacted a special tax on millionaires. During that campaign and after, the supporters of millionaires have flooded airwaves with storied of "rich people" fleeing Massachusetts.
Reader Comments: Why I voted no on the McCarthy agreement; Supreme Court rulings; Henry Kissinger; Ukraine War; UPS Ready To Strike; Karl Marx’s Critics; Wealthiest Billionaire in Each State; Bill Fletcher's New Novel; Cartoons; more....
Reader Comments: States Can Tax the Rich; Black Studies Vital, Necessary; History of Seeing 'Socialism' Under Every Bed; Ukraine War; Ohio Train Derailment; Holly Near Tribute; Paul Robeson 125th Birthday Celebration; Cartoons; lots of Announcements;
No longer should a handful of billionaires be able to rig the rules to redirect resources from our communities to their country clubs, from our classrooms to their ballrooms, and from our public parks to their private jets.
Roy Wood Jr. Explores Police Militarization & Atlanta's "Cop City." Make the Super-rich Pay Their Fair Share. Memphis BLM Activist on Tyre Nichols' Killing. Why We All Need Subtitles Now. When Culture Changes Our DNA.
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