Why the Rich Have an Interest in Paying Higher Taxes
America's wealthy keep getting richer, and they have a loud megaphone. But evidence and logic show the rich would be better off without tax cuts pushed by politicians they have funded. Like all citizens, the wealthy would benefit if some of the money they squander was used to reduce public debt and meet shared needs.
Learn more about Frank and his work on the causes and consequences of growing economic inequality.
In current U.S. budget battles, a group calledPatriotic Millionaires for Fiscal Strength is calling for increased taxes on the wealthy. Two members of the SSN Steering Committee, Robert Bowditch and David desJardins, have been mentioned in the Boston Globe and Business Week as participants in this effort.