The NYT just reported the ultra-rich fear a wealth tax would
dis-incentivize them.

So why haven’t high-end tax cuts incentivized them to ease
income inequality and boost capital investment?

Register NOW for the ASBC Sustainable Business & Advocacy Summit:
“Making Capitalism Work for All” – Dec. 10-11, 2019 in DC

Dear John,

“Disincentivizing investment” is an empty threat. American Prospect notes that a University of Chicago economist has documented that, from 1984 to 2014, the share of income going to investment dropped 7.2 percent, the share going to labor dropped 6.7 percent, and the share going to shareholders rose by 13.5 percent.

But Americans have begun questioning business as usual. They’re asking, what do successful businesses owe their country? What kind of capitalism do we need for a successful future? And what should the role of government be in making it happen?

ASBC knows a reliably robust economy needs both business and government to invest in people, facilities, R&D and infrastructure—not in givebacks to the wealthiest. That’s why we’re hosting this action-oriented Summit – to make the business case for practices that create long-term value—AND get lawmakers to enact policy that supports these practices.

At the ASBC Summit, December 10-11, you’ll hear insights on a wide range of economic policy issues from provocative leaders like these:

At the Summit, we’ll also meet on Capitol Hill with members of Congress from both parties—and tell them why our businesses support policy changes to make our market economy work better for people, the planet, and companies that care about them.

American Sustainable Business Council leads policy change on behalf of 2500,000 companies including major brands. Join us in D.C. in Dec. Together, we can change how America does business—for the better.

Email [email protected] for questions or to become a Promo Partner and save an extra 15% off registrations.