Tag: wealth inequality

"Do the wealthy contend that their excess wealth is needed by the economy?"

Not only would a wealth tax raise revenue and help bring the economy back into balance, but it would also protect our democracy by reducing the influence of the super-rich on our political system.

"A novel way to take health care etc. away from people AND make it look like there are fewer poor people – change the formula."

We have a lot of wealth per capita. Why can't we share it?

Other candidates, most notably Bernie Sanders and Elizabeth Warren, begrudge plenty and have specific proposals for changing the rules that let wealth keep concentrating.

More progressive and ecological taxation is essential to fund the ecosocialist Green New Deal for climate and economic security.

If between 1979 and 2018, the American economy almost tripled in size, so where did the gains go? Most went to the top.

In 2016, the top 1 percent paid 37.3 percent of individual income taxes.

The only solution, both to alleviating the underlying problem of inequality and countering the energized far right it has produced in so many places appears to be for the left to counter it with a more positive populism of its own.

What people who are interested in action against climate change might do is vocalize the threat against the wealthy should climate change ruin our civilization.