Thursday, February 07, 2019

New column day

Here (via PressReader), on the U.S.' long-overdue conversation about progressive taxes on extreme incomes and wealth - and the need for Canada to follow suit.

For further reading...
- Matthew Yglesias has offered useful background on Alexandria Ocasio-Cortez' high-end income tax proposal, Elizabeth Warren's wealth tax proposal, Bernie Sanders' estate tax plan, and the strong public support for the ideas. And Emmanuel Saez and Gabriel Zucman respond (PDF) to critics of wealth taxes generally, while Noah Smith compares the options.
- Lawrence Martin discusses the U.S.' newfound interest in ensuring the rich pay their fair share. Farhad Manjoo questions whether the level of wealth and inequality inherent in billionaire status can ever be justified.
- Paul Krugman comments on Howard Schultz' laughable attempt to manufacture a populist presidential campaign out of explicit class war on behalf of the uber-rich.
- Finally, Sam Friedman and Daniel Laurison offer a reminder of how wealth and privilege tend to be self-perpetuating. And Meagan Day points out how massive inheritances are particularly unjustifiable when far too many people face severely limited opportunities.

No comments:

Post a Comment