Thursday, October 23, 2014
RSN: Everyone in America Would Be Better Off if We Soaked the 1 Percent
Will Anything But Utter Desperation Work? We actually have a chance to finish today or tomorrow. The question is, will that kill the fundraiser? We are down to needing about $3200 to finish. Easily done with a few good donors. Let’s finish this off. / Marc Ash, Founder Reader Supported News
FOCUS: Bryce Covert | Everyone in America Would Be Better Off if We Soaked the 1 Percent
Bryce Covert, ThinkProgress
Covert writes: "A 90 percent tax rate on the top 1 percent of American earners wouldn’t just significantly reduce income and wealth inequality and boost government tax revenues. It would also be the optimal level for Americans’ welfare."
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