Economists Saez and Piketty, Inequality Experts, say Buffett Rule Just a Start

As we’ve noted in our Call to Action, progressive tax policy does not exist in a vacuum. We need to keep the big picture in mind and see the links between low tax rates on wealthy Americans and multinational corporations, decades of low wages for workers and the resulting inequality gap growing in this country and around the world.

Recently, the New York Times interviewed Saez and Piketty on the growing inequality in the United States. “The United States is getting accustomed to a completely crazy level of inequality,” according to Mr. Piketty.  We agree.

Yesterday, we all paid our taxes acknowledging we are bound together in support of the common good. Some of us did not pay your fair share but not because you didn’t want to, but because the tax codes have been rigged to benefit the top 1-2% and the multinationals.

Consider writing a letter to the editor of your local newspaper, telling them why you support the Buffett Rule as a start, a beginning to renewed fairness in this country and to reducing the “radical, crazy levels of inequality” that exist today in the United States.

For talking points, contact Ann@wealthforcommongood.org