Friday, July 10, 2015

“government should redistribute wealth by heavy taxes on the rich.”--Hacker/Pierson

"In 1939, as the nation still grappled with the Great Depression, 35 percent of Americans agreed with the (very strongly worded) statement that “government should redistribute wealth by heavy taxes on the rich.” In 1998, 45 percent agreed; and in 2007, 56 percent did. Public concern about taxes has ebbed and flowed, but large majorities of Americans consistently say higher-income Americans pay too little in taxes and that corporate income taxes— which have fallen to less than 15 percent of all taxes— should be a key source of government revenue. 10 And yet, taxes on the richest of Americans have, for more than thirty years, just kept coming down."

Hacker, Jacob S.; Pierson, Paul (2010-09-14). Winner-Take-All Politics: How Washington Made the Rich Richer--and Turned Its Back on the Middle Class (p. 50). Simon & Schuster. Kindle Edition.

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