Your Prospect Weekend Reads Week of April 18th Stories from the week you don’t want to miss!
Alex Brandon/AP Photo
Prices for a gallon of gasoline are posted on the sign of an Exxon station, March 7, 2022, in the Capitol Hill neighborhood of Washington.
Time to Tax Excessive Corporate Profits: This week, Sen. Bernie Sanders introduced the Ending Corporate Greed Act, which would impose a 95 percent tax rate on the excess profits of corporations that earn more than $500 million a year. Read Reuven Avi-Yonah on why taxing corporate profits will be good for the economy and for consumers.
Police Have No Duty to Protect the
Public: Though often unsaid in police reform debates, Ramenda Cyrus writes, numerous court precedents have established that cops aren't obligated to act in the interests of citizens.
The Trade Fight That Could Doom Biden's Industrial Policy: Don't miss Executive
Editor David Dayen's reporting on how differences between the House and Senate could doom the COMPETES Act, the administration's signature domestic manufacturing bill.
Life in the Real Economy: Two new studies, one on declining wages and one on how much revenue goes to workers, reveal much about the causes of rising inequality. Read Editor At Large Harold Meyerson breaking down what these findings mean. The Plight of Mills College Should Be an Alarm for American Higher Ed: Mills College should serve as a wake-up call for higher education, writes Matthew D. Hendricks. Administrators at colleges and universities around the country are pushing policies that lead to bloated administrative budgets and demoralized, inexperienced faculty.
