Taxing the Rich Could Raise Trillions — But That Alone Won't Fix ...

With the federal budget deficit projected to reach 10.0 percent of GDP in 30 years, Riedl argues that tax increases can — and should — begin ...

Biden's Math of Just Taxing the Rich Doesn't Add Up - Cato Institute

The President's 2024 Budget demonstrates how challenging it is to raise significant new tax revenue from a small minority of wealthy taxpayers.

Taxing the Rich Will Have No Meaningful Effect on Our National Debt

The U.S. tax system is extremely progressive, even compared to European countries—whose governments rely on taxing the middle class.

Necessary but Not Sufficient: Why Taxing the Wealthy Can't Fix the ...

Even if each major Democratic proposal to raise taxes on the wealthy becomes law, the national debt will double as a share of the economy by ...

The Peter G. Peterson Foundation on LinkedIn: Taxing the Rich ...

Taxing the Rich Could Raise Trillions — But That Alone Won't Fix Our Fiscal Crisis.

Taxing just the super-rich won't fund America's future - The Hill

Even if lawmakers fund Biden's plans through higher taxes on corporations and the wealthy, they would need to raise taxes even further to ...

Action Alert: Tax the Rich - Oxfam

Decades of tax cuts for the richest and corporations have fueled inequality, with the poorest people in many countries paying higher tax rates than billionaires ...

Billionaire Wealth Is Soaring. We Need Progressive Taxation Now.

There are now 813 billionaires with $5.7 trillion in wealth, making the ten-figure club even more powerful economically and politically.

A Wealth Tax Is Not A Solution For Income Inequality - Forbes

However, a wealth tax would do nothing to help low-income earners while hurting the rest of the economy. Wealth taxes are difficult to ...

Raising taxes alone won't balance the budget - The Washington Post

No new taxes is the Republican creed. Democrats are not quite as dogmatic with no more spending cuts. After all, President Obama and ...

Wealth tax on super-rich could raise £1.5tn globally, campaigners say

The Tax Justice Network said trillions could be raised with a 'featherlight' tax on the 0.5% of richest households, copying a current ...

TAX WEALTH, TACKLE INEQUALITY - Oxfam

urgent need not just for progressive income and corporate taxes, but for a federal wealth tax. Wealth inequality in the US is more extreme and ...

Want to Expand the Economy? Tax the Rich! - The American Prospect

If Democrats want to win big in November, they must do more than just renounce trickle-down economics. They need to replace it.

CNN Business: Hiking the estate tax will help close the wealth gap

A robust estate tax would limit the American aristocracy, narrow the wealth gap and raise revenue for public services essential to those of us who won't ...

Survival of the Richest: How we must tax the super-rich now to fight ...

Taxes that target the rich allow tax to play its redistributive function by constraining the growth of income and wealth inequalities. The ...

Opinion | Why It's So Hard To Tax the Rich - POLITICO

Everyone believes the wealthy should pay more in taxes. Here's why that rarely happens — and why Democrats are blowing the most obvious way ...

Search - Peter G. Peterson Foundation

... tax-breaks-explained. Blog Posts. Dec 19, 2023. Taxing the Rich Could Raise Trillions — But That Alone Won't Fix Our Fiscal Crisis. A new paper from Manhattan ...

The Pros and Cons of Wealth Taxes | Poole Thought Leadership

Taxing the wealthy is a centerpiece proposal for Vice President Kamala Harris. Poole scholars probe its pros and cons.

The Pandemic Made the Top 1% Richer. Why We Need Wealth Tax

Over the course of the pandemic, perhaps no facet of inequality has grown more dramatically than wealth, writes Daniel Markovits.

It's Time the US Abolished the Income Tax | Chicago Booth Review

Why we tax income. The most important principle underlying taxation is simple and doesn't involve fancy economics: the government taxes what it ...