Center for Economic and Policy Research 47d ago

The wealthiest Americans once paid a top tax rate of 91% and the economy thrived. Today that rate is 37% and billion dollar corporations pay an average of just 13% thanks to loopholes and decades of tax cuts designed to benefit the rich. CEPR Senior Economist and Co-founder Dean Baker explains how the tax code was rewritten in favor of the wealthy, what it is costing the rest of us, and what a fair system would actually look like. Dean's policy brief: https://bit.ly/MA_ProgressiveTax -- The Majority Agenda is a collection of policy briefs developed by CEPR experts on important issues where Americans generally have broad agreement across the political spectrum. The project covers three areas: Good Jobs, Strong Infrastructure, and Fair Play. Each brief succinctly outlines what is at issue, why it is important, and presents some recommendations that would bring about substantive changes to public policy. All 14 Majority Agenda policy briefs: https://bit.ly/MajorityAgenda