Job Destroyers Don't Deserve a Tax Holiday
When thinks tanks from the left and the right agree on something, Congress should pay attention.
Chuck Collins is a senior scholar at the Institute for Policy Studies (IPS) and directs IPS's Program on Inequality and the Common Good. He is an expert on U.S. inequality and author of several books, including Economic Apartheid in America: A Primer on Economic Inequality and Insecurity, co-authored with Felice Yeskel. (New Press, 2005). He co-authored with Bill Gates Sr. Wealth and Our Commonwealth, (Beacon Press, 2003), a case for taxing inherited fortunes. He is co-author with Mary Wright of The Moral Measure of the Economy, a book about Christian ethics and economic life.
He is co-founder of Wealth for the Common Good, a network of business leaders, high-income households and partners working together to promote shared prosperity and fair taxation.
In 1995, he co-founded United for a Fair Economy (UFE) to raise the profile of the inequality issue and support popular education and organizing efforts to address inequality. He was Executive Director of UFE from 1995-2001 and Program Director until 2005.
When thinks tanks from the left and the right agree on something, Congress should pay attention.
There's nothing holding back the corporations demanding another tax holiday from investing in America right now.
Shareholders should reward CEOs for building better products or delivering better services, not for accounting gymnastics that game their tax bills down.
If the companies that offshore their profits and design tax scams paid their fair share, we might not have a budget crisis.
He sure knows how to mark an anniversary
The 2001 Bush tax cuts added $2.5 trillion to the national debt and disproportionately benefited the wealthiest households. Have we learned anything?
Government must stop doling out ever-larger tax breaks to the superrich and vast corporations.
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