Is it time to switch income tax with a sales tax?

With wealth inequality rising the case for raising revenue via a consumption tax is compellingIs it time for the US to consider switching from income tax to a progressive consumption tax as a way of addressing growing wealth inequality? Many economists…

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Six ways to bring the American Dream back from the dead

From cutting student debts to index-linking the minimum wage, the dream can be rebuiltIt is time to admit that the “American Dream” is dead. Its underlying conditions – strong, consistent economic growth and a meritocracy structured to keep the rich fr…

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Forget China – it’s America’s own economic system that’s broken | Robert Reich

US weakness is inbuilt – the big 500 companies owe loyalty only to themselves and the public is shut out from prosperityXi Jinping might possibly agree next weekend on further steps to bring down China’s trade imbalance with the US, giving Donald Trump…

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The shutdown has exposed Trumponomics for what it is: a disaster | Robert Reich

When the president is proud to close government and proud to slash taxes for the rich, American workers get shaftedOne of the least talked-about consequences of the partial shutdown of the US government – courtesy of Donald “I’m proud to shut down the …

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