Taxing wealth is key to fighting inequality

Didier JacobsEconomics, Gender, General, In the news, Inequality, Private sector, Tax

Conventional wisdom about taxing wealth is shifting, writes Didier Jacobs, Oxfam America’s Senior Policy Advisor. Long dismissed as unfeasible, and frowned upon as politically incorrect, radical ideas are now gaining ground. The new star on the left of the US Democratic Party, Alexandria Ocasio-Cortez, suggests increasing the top income tax rate to 70%. That sounds more radical than Bernie Sanders’ …