Wealth

This issue asks for reader feedback and suggestions, and responds to some interesting comments made about the last issue.
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Starting from a simple flat-rate tax system, we discuss how to create subsidies that help people who need help, not high-earners who don't need help.
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Our current tax system is complicated and opaque, the better to hide many gifts to high earners. Radical simplification would be a first step to a tax…
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Adam Smith's invisible hand metaphor and the related concept of economic efficiency have dominated policy debates. We discuss why and how ethical and…
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Inequality ramped up starting in the early 80's; GDP growth has dropped since then. Coincidence or cause?
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Why So Many People are Angry About the Economy
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Capital gains get preferential tax treatment. A look-back approach can be used to tax capital gains as ordinary income, eliminating the tax system's…
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Proposals to change the tax system to incentivize corporations to accept limits on political spending.
How our campaign finance system turns money into power without accountability
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Forty years of the mantra of shareholder value have worked to change our system to bring corporate profit to new heights. Corporations today have…
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Corporations are more profitable than ever
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Tax expenditures redistribute wealth — upward!
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