
Want To Slash the National Debt? Tax Billionaires
Lawmakers need to advance policies that reduce deficits without undermining expenditures that provide us with a safety net and public services.
Lawmakers need to advance policies that reduce deficits without undermining expenditures that provide us with a safety net and public services.
If the GOP cared about debt, they’d stop cutting rich people’s taxes and give the Pentagon a haircut. So what’s this really about?
A new GOP bill, formally entitled the ’Death Tax Repeal Act,’ would enable our super-rich to avoid both income and estate tax on their investment gains.
We will not let your wealth come at the expense of our children’s future.
In the near future, our states will have to determine whether we truly tax the rich.
That bold a hike, our U.S. history suggests, can actually happen.
The world’s wealthy already operate by a different set of rules and laws. But allowing the full scale carveout and manipulation of U.S. state trust law to serve their interests should not be one of them.