Tax policy can address our country’s rampant inequality and declining democracy, but repeal of Republican tax cuts or closing loopholes for the wealthy won’t get us there. This report offers a bold vision for progressive tax reform that aims directly at wealth concentration.
The report’s policy prescriptions focus on three key areas:
- Correcting our tax code’s preferences for capital over labor;
- Harnessing the regulatory potential of tax policy; and
- Placing taxpaying alongside voting as a pillar of our democracy.