Today is tax day. It is a day that most Americans, even those who don’t owe Uncle Sam money, dread. And with good reason, argues Chuck Collins, a senior scholar at the Institute for Policy Studies.
Collins makes the case to WhoWhatWhy’s Jeff Schechtman that what should make us mad is the way the current tax code allows the wealthy to protect — and even add to — their wealth.
Collins explains how this works, and then details what can be done to change it. He shows how some states are starting to make relevant adjustments to their tax schemes, and argues that at some point Congress will have to follow — because the American people will demand it.