Most Americans want to raise taxes on the very rich people

Although the “conventional wisdom” and both political parties assume that the voters want to cut taxes, MOST AMERICANS WANT TO INCREASE TAXES ON THE RICHEST AMERICANS.
Ordinary people know that our tax system is grossly unjust, that the richest people are ripping us off, and that our nation and our states have huge needs that the “conventional wisdom” says we cannot afford to fund.

BALONEY!

Public opinion polls show ORDINARY PEOPLE ARE MUCH MORE PROGRESSIVE THAN THE POLITICIANS!  This means that ORDINARY PEOPLE CAN ORGANIZE FROM THE GRASSROOTS to push for very progressive solutions to our public policy problems.

 

A 70% marginal tax on the super-rich has gone mainstream.

Alexandria Ocasio-Cortez’ calls for a 70% marginal tax rate on the ultra-wealthy earlier this month made a ripple across the mainstream media. And since, polls have shown that American voters overwhelming support her proposal. SEE THIS:  https://thehill.com/hilltv/what-americas-thinking/425422-a-majority-of-americans-support-raising-the-top-tax-rate-to-70?link_id=17&can_id=1d662460c0abb8939c5044c82927552b&source=email-pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber&email_referrer=email_484217&email_subject=pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber

 

Read these sources of information:

Alexandria Ocasio-Cortez is floating a 70 percent top tax rate — here’s the research that backs her up, Matthew Yglesias, Vox:   https://www.vox.com/policy-and-politics/2019/1/4/18168431/alexandria-ocasio-cortez-70-percent?link_id=18&can_id=1d662460c0abb8939c5044c82927552b&source=email-pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber&email_referrer=email_484217&email_subject=pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber

The Economics of Soaking the Rich, Paul Krugman, New York Times:   https://www.nytimes.com/2019/01/05/opinion/alexandria-ocasio-cortez-tax-policy-dance.html?link_id=19&can_id=1d662460c0abb8939c5044c82927552b&source=email-pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber&email_referrer=email_484217&email_subject=pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber

Alexandria Ocasio-Cortez’ Tax Hike Idea is Not About Soaking the Rich, Emmanuel Saez and Gabriel Zucman, New York Times:   https://www.nytimes.com/2019/01/22/opinion/ocasio-cortez-taxes.html?link_id=20&can_id=1d662460c0abb8939c5044c82927552b&source=email-pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber&email_referrer=email_484217&email_subject=pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber

Ocasio-Cortez wants higher taxes on very rich Americans. Here’s how much money that could raise. Jeff Stein, The Washington Post:   https://www.washingtonpost.com/business/2019/01/05/ocasio-cortez-wants-higher-taxes-very-rich-americans-heres-how-much-money-could-that-raise/?can_id=1d662460c0abb8939c5044c82927552b&email_referrer=email_484217&email_subject=pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber&link_id=21&noredirect=on&source=email-pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber&utm_term=.cc161f959379

With Alexandria Ocasio-Cortez, Americans Finally Have a Politician Who Agrees With Them About Taxes, Jon Schwarz, The Intercept:  https://theintercept.com/2019/01/21/ocasio-cortez-marginal-tax-rate/?link_id=22&can_id=1d662460c0abb8939c5044c82927552b&source=email-pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber&email_referrer=email_484217&email_subject=pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber

Greg Leiserson of the Washington Center for Equitable Growth just published a new explainer on net worth taxes:  https://equitablegrowth.org/wealth-taxation-an-introduction-to-net-worth-taxes-and-how-one-might-work-in-the-u-s/?link_id=23&can_id=1d662460c0abb8939c5044c82927552b&source=email-pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber&email_referrer=email_484217&email_subject=pledge-update-shutdown-protest-la-teachers-tax-the-rich-womens-agenda-rev-barber

Senator Elizabeth Warren released a proposal that would levy a 2% wealth tax on Americans with assets above $50 million:    https://www.zerohedge.com/news/2019-01-24/elizabeth-warren-proposes-2-wealth-tax-americans-worth-50-million-or-more

 

 

 

 

 

 

About GlenAnderson 1506 Articles
Since the late 1960s Glen Anderson has devoted his life to working as a volunteer for peace, nonviolence, social justice, and progressive political issues. He has worked through many existing organizations and started several. Over the years he has worked especially for such wide-ranging goals as making peace with Vietnam, eliminating nuclear weapons, converting from a military economy to a peacetime economy, abolishing the death penalty, promoting nonviolence at all levels throughout society, and helping people organize and strategize for grassroots movements to solve many kinds of problems. He writes, speaks, and conducts training workshops on a wide variety of topics. Since 1987 he has produced and hosted a one-hour cable TV interview program on many kinds of issues. Since 2017 he has blogged at https://parallaxperspectives.org He lives in Lacey near Olympia WA. You can reach him at (360) 491-9093 glen@parallaxperspectives.org