tax rates
The economist says Sanders is the only candidate who's willing to tax the rich.
WHAT'S HAPPENING
WHAT'S HAPPENING
Does there really exist an industry of deeply funded anti-tax lobbyists whose sole purpose is to protect the holdings of their clients? Absolutely -- far from "mistaken," that narrative is exactly right. Do they win every fight? Nope, and they lost the one that led the capital gains rate to go up in 2013.
The epidemic of tax inversions represents just one of many ways corporations are dodging their taxes by taking advantage of our outdated and rigged corporate tax system.
Nothing too surprising -- those who pay more in federal taxes think they're too high; almost nobody thinks their tax bill is too low. But departing from the data a bit, there are two factors that I suspect have an impact on our general perceptions of tax fairness.