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Gorgo
SFN Die Hard
USA
5310 Posts |
 Posted - 04/10/2009 : 12:48:57
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Reversing the Great Tax Shift: Seven Steps to Finance Our Economic Recovery Fairly
The Institute for Policy Studies has identified a package of practical and politically viable policies that could raise the revenues we need. These policies, taken together, would:
• Collect over $450 billion in revenue from those with the greatest capacity to pay.
• Discourage financial speculation.
• Strengthen the overall economy.
• Introduce greater transparency, fairness, and simplicity to the tax code.
We cannot undo the damage wrought by the reckless tax giveaways to America's rich that have multiplied over recent years. These giveaways have turbocharged the concentration of wealth that sits behind our current economic meltdown.
But with the tax changes we outline in these pages, we can take steps toward restoring the greater equality—and prosperity—that Americans enjoyed in the 20th century's middle decades.
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I know the rent is in arrears
The dog has not been fed in years
It's even worse than it appears
But it's alright-
Jerry Garcia
Robert Hunter
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Reversing the Great Tax Shift: Seven Steps to Fina
