November 19, 2018

Daily Beast: Dear Nancy Pelosi and House Democrats: Why Are You Embracing Trickle-Down Economics?

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The Institute on Taxation and Economic Policy has found that from 2000 to 2018, the richest 20 percent of Americans have enjoyed 65 percent of all the tax cuts, with the remaining 35 percent of tax cuts were divided between the other 80 percent. The lesson from this finding is not that we should make it harder to raise taxes on the lowest-earning 80th percentile of taxpayers. The lesson is that we need to establish a sane tax code that taxes corporations and wealthy folks like me before we consider raising taxes on anyone else. Read more



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