Don’t blame — or favor — the rich: A new report (by rich people!) finds that the wealthy are earning much more and paying much less in taxes. As the rhetorical wars on tax policy escalate, let’s allow right up […]
During this “tax season” some wealthy people are advocating to increasetheir own taxes. A growing network of high-income individuals and business people are calling on Congress and the President to say, “Let my tax cut go!” This dialogue was the focus […]
Estimates Tax cuts for Wealthy Individuals between 2001-2008 Cost U.S. Treasury $700 Billion Recent Poll Shows Majority of Americans in Both Political Parties Favor Increased Taxes on Wealthy Americans Contact: Kristi Ceccarossi, 617-477-8630, ext. 307, kristi@wealthforcommongood.org Boston, MA, April 6, […]
Increasing taxes on the nation’s wealthiest Americans would collect $450 billion in new revenue, while discouraging financial speculation, strengthen the economy and provide greater transparency, fairness and simplicity to the tax code, according to a new proposal released Wednesday. During […]
In 1776 the United States became perhaps the only country ever to be founded after a revolution based largely on the explicit issue of tax rates. More than two centuries later the issue still resonates loudly, and not just among […]
The challenge for progressives and Democrats in these turbulent times is how to consistently and clearly explain the real causes of our current economic condition. One problem is that we live in a center-left country with a center-right media that […]
As Congress begins debate over what to do about the Bush-era tax cuts for the wealthy, I hope it has the courage to let my tax cuts expire. It would be the right thing to do. Back in 2001, Congress […]
The Wall Street Journal reports that the effort to extend the current Estate Tax regime through next year has failed. As part of the Bush tax cuts, the exemption, above which taxes are due, has been slowly rising. The Conservative plan, […]