Tax talk
50 Years of Tax Cuts for the Rich Failed to Trickle Down, Economics Study Says
Aimee Picchicbsnews.comInstead, each person should be able to take the money they’ve saved on taxes and pay for the stuff that matters to them : their own art, their own private schools, their own concierge doctors, their own backyards. That’s liberty . I find this type of thinking counter to pretty much everything I believe, but I also grew up in a place where a lot of ... See more
Anne Helen Petersen • This Is How We Fall Out of Love With the World
If you don’t like the changes I suggested above, I can propose twenty smaller reforms, or fifty tinier ones, or a hundred even more innocuous nudges to get us there. We could raise $25 billion by winding down the mortgage interest deduction, which disproportionately benefits high-income families and does nothing to promote homeownership. We could f
... See moreMatthew Desmond • Poverty, by America
Taxpayers in the top 5 percent of income already pay for more than 43 percent of the U.S. government, and taxpayers in the top 1 percent pay for more than 27 percent; at some point, taking more resources from the wealthy yields diminishing returns. Many of the Obama reforms, including much of the stimulus bill, and the health care bill, redistribut
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