America’s Not Broke. Tax the Rich! 26:12
America’s Not Broke. Not Even Close. Tax the Rich!
Overall average individual wealth in the United States has risen 23 percent
since the year 2000, to $236,213 per American adult. But, wealth has
become incredibly more concentrated. We are taxing the dollars that go to
our ever-richer rich at levels far below the tax rates that America levied just
a few decades ago. Now, both an analysis of our current predicament and
a series of proposals that can help open our eyes to a far more equitable —
and brighter — future,
with
Meizhu Lui, Director of Closing the Racial Wealth Gap Initiative,
Insight Center for Community Economic Development
and
Chuck Collins, a senior scholar, Institute for Policy Studies (IPS)
and Director of IPS’s Program on Inequality and the Common Good.
Co-author of the recent report, Unnecessary Austerity, Unnecessary
Government Shutdown.
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