The Nation: The New New Deal

Amy Hanauer, the executive director of the Institute on Taxation and Economic Policy, sees the budget as a “long overdue” opportunity to achieve fairer taxation. Biden and Senate Democrats have highlighted the need for a plan to reverse the Trump administration’s giveaways to corporations and the billionaire class. If the pandemic taught us anything, Hanauer says, “it’s the cost that inequality has wrought for this country and how it’s undermining our ability to function as a democracy.” Noting that polls show overwhelming support for making corporations and the rich pay their fair share, she says, “Fairer tax policy is a great way to address inequality and get the money we need to address human needs.” Read more

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