A bold new proposal from the economist Gabriel Zucman is gaining prime-time backing
When the trickle-down theory first took off in the 1980s, the argument was that tax cuts lift all boats. After 50 years, no one can continue to make this claim—yet they still do.
Not on this planet. The wealthiest of our wealthy, a just-released report from Americans for Tax Fairness points out, are doing their best to keep these good times — for America’s rich — rolling.
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Eliminating taxes on tips would not address the current affordability crisis, such as the struggles to pay for essentials like groceries, housing, childcare, and transportation.
Michael Graetz’s new book explains how clever marketing duped America into shoveling more tax breaks to the wealthy and corporations.
New York Gov. Kathy Hochul and Democratic legislative leaders nix a landmark proposal that would have made Hochul’s fossil fuel donors pay for their pollution.
Greased by lobbying and campaign cash, tax breaks for retirement savings are one thing Congress agrees on. But they also blow out the deficit and add to income inequality.
Michael Graetz’s new book explains how clever marketing duped America into shoveling more tax breaks to the wealthy and corporations.
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.
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