In the near future, our states will have to determine whether we truly tax the rich.
Absolutely. The GOP Presidential hopeful from Bain Capital has become a walking, talking object lesson on how plutocracy works – and why we desperately need to end it.
The rich don’t much like paying taxes when tax rates run high. They don’t much like paying taxes when tax rates run low either.
Taxing Wall Street, corporations and the wealthy; taxing pollution and ending environmentally harmful subsidies; and cutting military spending to bring America back.
There is an economic and moral rationale for increasing taxes on the wealthy.
Increasing taxes on America’s rich and corporations would end our debt and deficit problems, says IPS analyst
Expert available: Sam Pizzigati, an authority on efforts to levy significant taxes on America’s most wealthy and powerful.
“Why do these uncompromising Republicans want to impose life-threatening austerity on 98% of us?” asks Dolan
The prophetic Jesus would turn our head in different direction from the place where current budget and taxation decisions are focused.
Our forebears struggled to survive in a world dominated by the superrich. Now it’s our turn.