Category

Trickle-Down

In favour of the wealth tax: The tax code doesn’t fully comprehend how the wealthiest Americans make their money, and it’s hurting everyone else Trickle-Down

In favour of the wealth tax: The tax code doesn’t fully comprehend how the wealthiest Americans make their money, and it’s hurting everyone else

Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the Pitchfork Economics podcast with Nick Hanauer. In this opinion piece, he says that wealthy people have pushed agains…
bubmag
October 31, 2019
In favor of the wealth tax: The tax code doesn’t fully comprehend how the wealthiest Americans make their money, and it’s hurting everyone else Trickle-Down

In favor of the wealth tax: The tax code doesn’t fully comprehend how the wealthiest Americans make their money, and it’s hurting everyone else

We're taught to perceive wealth as something physical that you can touch — think of Scrooge McDuck swimming around the gold doubloons in his money bin and you have an idea of what every child believes a rich person's fortune is like.  The truth, of course, i…
bubmag
October 31, 2019