Proposals to increase taxes on high-income earners and the wealthy are coming back into vogue. Presidential candidate Bernie Sanders has argued for a tax rate of up to 54% on the top income bracket, along with increased estate taxes. Candidate Elizabeth Warren would impose a “wealth tax” on assets of […] Read more »
Democrats Want to Tax the Wealthy. Many Voters Agree.
As leading Democrats roll out proposals to increase taxes on the rich, the American people are largely behind them. A majority of people support Democratic proposals to raise taxes on the wealthiest Americans, according to a poll conducted this month for The New York Times by the online research platform […] Read more »
Americans are more worried about bribery and pay-to-play than campaign finance violations
… The Special Counsel investigation and associated investigations into President Trump, his campaign, and his inner circle have grown so expansive, it can be hard for even the most keen observers to keep up. The latest Navigator finds the share of Americans who believe the investigation has “uncovered crimes” has […] Read more »
Wealth concentration returning to ‘levels last seen during the Roaring Twenties,’ according to new research
The 400 richest Americans — the top 0.00025 percent of the population — have tripled their share of the nation’s wealth since the early 1980s, according to a new working paper on wealth inequality by University of California at Berkeley economist Gabriel Zucman. CONT. Christopher Ingraham, Washington Post Read more »
People like the estate tax a whole lot more when they learn how wealth is distributed
Proposals to increase taxes on the wealthy are having a moment: Polling shows Democrats and Republicans coming together in support of steep taxes on the wealth and income of the super-rich. Although the specifics of the proposals are new, the general public sentiment toward soaking the rich is a long-standing […] Read more »
Democratic focus groups may have identified a hidden vulnerability for Trump
This is the week that the broad outlines of President Trump’s reelection strategy are coming into focus. Trump will continue pushing forward with his reactionary xenophobic nationalist agenda on immigration, while executing a massive but largely phony pivot back to the pro-worker economic populism he immediately abandoned upon taking office. […] Read more »