Also published in The Progressive, The Vindicator, Press of Atlantic City, Colorado Daily, National Post (Canada) and Financial Post (Canada). In recent weeks, there has been a lot of discussion about raising taxes on the wealthy. As a higher-income person […]
Aired 29 July 2009. Linked from FOXBusiness.com. Watch the clip. Wealth for the Common Good member Eric Schoenberg, professor at Columbia Business School, talks with Neil Cavuto about our campaign.
At a moment when conservative Democrats are holding real healthcare reform hostage under the guise of “fiscal discipline”–fighting against a robust public option, promoting a regressive taxation of health benefits, and opposing a surtax on the wealthiest 1 percent of Americans–a […]
Broadcast 29 July 2009. Linked from Marketplace at American Public Radio. Listen to the segment. Bill Radke: Have you ever looked at the taxes that get withheld from your paycheck and thought: “I wish Uncle Sam would take more money?” […]
Originally published 14 July. Linked from the Huffington Post. By Chuck Collins Hallelujah. Finally someone in Congress has the courage to propose a reasonable tax on the wealthy to help improve our nation’s broken health care system. Last Friday members […]
CQ HEALTHBEAT NEWS July 14, 2009 – 4:20 p.m. Groups Voice Support for Surtax on Wealthy Americans to Fund Health Overhaul By Emily Stephenson, CQ Staff The wealthiest Americans should pay for a health care overhaul to compensate for disproportionately […]
Katrina vanden Heuvel takes a look at the new IPS report “Reversing the Great Tax Shift” and mentions Wealth for the Common Good’s work in The Nation.
To address our nation’s economic crisis and maintain our nation’s fiscal health, the United States desperately needs new sources of federal revenue. Without additional revenues, we as a nation will either have to shortchange long-overdue investments in infrastructure, health, energy, and economic opportunity or leave an unsustainable debt to generations ahead.
The Institute for Policy Studies has identified a package of practical and politically viable policies that could raise the revenues we need. These policies, taken together, would:
• Collect over $450 billion in revenue from those with the greatest capacity to pay.
• Discourage financial speculation.
• Strengthen the overall economy.
• Introduce greater transparency, fairness, and simplicity to the tax code.