What I care about as a progressive is the social safety net. We are an extremely rich country and Americans should not want for basic necessities. While there are some other reasons related to income inequality and marginal utility that I support taxing rich people, I primarily want them to pay taxes to fund a [...]
|By: Jon Walker Tuesday July 17, 2012 7:43 am|
By an almost two-to-one margin Americans think raising taxes on people making over $250,000 a year would both help the economy and make our tax system more fair. This is the result of a new Pew Research poll. Not surprisingly there is a large partisan divide on an issue so politically fundamental as taxes. Democrats [...]
|By: Jon Walker Thursday June 9, 2011 12:36 pm|
Once again polling shows that the inside-the-beltway crowd is completely out of step with what large majorities of the public wants. What the people want are progressive policies. How would have thought?
|By: Jon Walker Friday April 15, 2011 2:16 pm|
Thanks to many loopholes in our tax code–the carried interest loophole being the most important–the richest people in American are likely paying a lower tax rate than you are. From Businessweek: For the 400 U.S. taxpayers with the highest adjusted gross income, the effective federal income tax rate—what they actually pay—fell from almost 30 percent [...]