💼 Business 17h ago · Joseph Stiglitz, Gabriel Zucman and Zohran Mamdani

Tax Day is a reminder of America’s unequal tax system. But we can fix it | Zohran Mamdani, Gabriel Zucman and Joseph Stiglitz

The Guardian Business
Global financial news with a focus on economics
View Channel →
Tax Day is a reminder of America’s unequal tax system. But we can fix it | Zohran Mamdani, Gabriel Zucman and Joseph Stiglitz
Source ↗ 👁 0 💬 0
There is no justification for a regressive system in which the super-rich contribute less than the rest of usToday, we have more income and wealth inequality than ever before. New York City’s average household income is $131,000. Without extreme inequality, residents could live reasonably well. Instead, a few people at the top of the income ladder capture enormous wealth, while millions of others struggle just to get by. Some simply can’t make it. For them, New York has become fundamentally unaf

Comments (0)

Sign in to join the discussion

More Like This

Bessent says he is optimistic Warsh will be Fed chair ’on time’
All News · 9h ago
Trump says Iran war ’close to over’; Pakistan army chief arrives in Tehran to mediate
All News · 9h ago
Crown Holdings CEO Donahue sells $801k in shares
All News · 9h ago
White House has no opinion on potential United Airlines deal for American Airlines
All News · 9h ago
CFTC probes oil futures trades ahead of Trump Iran policy shifts
All News · 9h ago
Colombia court orders Petro government to return emergency funds
All News · 9h ago