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Brian Galle

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Articles

The Right Way to Tax the Ultra-Rich

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By Brian Galle
| Democracy Journal Verified
Taxing the accumulated wealth of America’s ultrarich should be a top tax-reform priority for the next administration. To be sure, there are other low-hanging tax-policy fruit, such as reversing recent giveaways to businesses large and small, and putting the United States back on a path to share in historic global commitments to tax multinational firms more effectively. But the ultrarich, and billionaires in particular, have become perhaps the central story in U.S. political life.
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The Tricky Politics of Revenue

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By Brian Galle, Jared Bernstein, Andrea Campbell
| Democracy Journal Verified
Our nation’s fiscal trajectory is unsustainable, in part due to the decline in revenue collection stemming from a series of tax cuts. Often enacted with bipartisan support, these tax cuts have severely damaged the linkage between economic growth and revenue flows to the U.S. Treasury. The result: Even in periods when the economy is operating at full capacity, deficits and the debt grow.
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How to Tax the Ultrarich

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By Brian Galle, Indivar Dutta-Gupta, Elizabeth Pancotti, Niko Lusiani
| rooseveltinstitute.org
This is a web-friendly preview of the report. America’s wealth has concentrated to historic levels. The top 0.1 percent—roughly 340,000 people—now hold $1 in every $6 of private US wealth (or roughly ). That concentration isn’t just about money; it’s about power. Vast, inheritable fortunes shape media and other core civic institutions and are increasingly insulated from tax.
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