John,
Is it time to “eat the rich”? More and more people are suggesting this.
Well, I don’t know if we should eat the rich. But I do think we should tax the rich. And unlike eating them, there’s nothing radical about asking the rich to pay their fair share.
Our current tax system is rigged in their favor -- and I’ve been sounding the alarm on this for years. So we’ve put together a group of ten Inequality Media videos that I think best sum up why we need to make the rich pay their fair share, and how to do it.
We’ll look at how the richest Americans actually got so rich, and how the tax system is rigged in their favor. We’ll hear an actual billionaire, Tom Steyer, explain why tax cuts for the rich are so misguided. And we’ll also debunk some of the common myths that the wealthy trot out to justify lowering their tax rate.
Click here to watch the whole video compilation! Then share it with some friends so we can keep building a groundswell of support to unrig our tax system.
So if we want to make the rich pay their fair share, how do we actually do it? We’ll look at closing some loopholes and cutting off some giveaways. Death and taxes may be inevitable for most of us, but the rich can even use death to cheat taxes!
We also address the Trump Tax Scam, and how Social Security is in danger because of the regressive payroll tax. And having a fairer tax code only matters if we have an effective IRS to enforce it — which is why we need to fund the agency.
Finally, we have one of the most comprehensive videos we’ve made yet about America’s growing wealth gap and the danger it poses to us all. We made this video three years ago. Since then, Elon Musk has added more than a hundred billion dollars to his wealth. I bet that’s more than your wealth has grown in the last three years!
The staggering wealth gap we have allowed to grow in this country makes me sick to my stomach. But I’m pretty sure eating the rich would give us all a stomach ache too, so let’s agree to just tax them instead.
Thanks for watching, and I hope you’ll share this video with anyone who might be hungry for this information.
Robert Reich
Inequality Media Civic Action
