A French economist finds that America’s tax structure lies at the heart of inequality.
tax policy
Posted inMoney, Politics, and Power
The Billionaire Class Created Their Own Wealth Tax. It Failed.
The folly of voluntary charity as a substitute for government tax and transfer policies is most evident in the story of the Giving Pledge.
Posted inHealth and Social Policy
Warren’s Medicare for All Plan Includes No New Taxes on the Middle Class
The deeply detailed proposal cuts health care costs and finds other revenues, saving ordinary Americans $11 trillion in premiums and deductibles.
Posted inTAP
How a Wealth Tax Would Increase—Not Decrease—Investment
Today on TAP: As wealth has concentrated, investment has declined
Posted inDay One Agenda
Create a More Progressive Tax Policy
Congress writes the laws, but the IRS interprets them, and they can do so in ways that make the system more fair.
Posted inEconomic Policy
Warren Plan Would Close Tax Loophole Joe Biden Uses
Biden makes use of the “Gingrich-Edwards” loophole to avoid payroll taxes.
Posted inEconomic Policy
The Republican War on the Capital Gains Tax
Faced with few other taxes left to cut, the Trump administration is innovating new ways to make tax revenue from investment income vanish.
Posted inHousing and Transportation
New Jersey Moves to Rein In Wasteful Tax Breaks for Businesses
Inspired by a recent Kansas-Missouri pact, Garden State lawmakers may warm to reforms that scale back competition with New York and Pennsylvania over jobs.
Posted inMoney, Politics, and Power
David Koch’s Heirs Will Enjoy the Biggest Tax Loophole Nobody Talks About
It’s called step-up in basis, and it wipes away all capital gains in his $50 billion estate.
Posted inEconomic Policy
The Shaky Case Against Wealth Taxation
Contrary to the skeptics, taxing wealth is both feasible and constitutional. It’s also the most progressive form of taxation available.
