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'Tax the rich'? Democrats' plans to make the wealthy pay a little more will barely dent America's long slide from progressive taxation

  • Written by Gabriel Zucman, Associate Professor of Economics, University of California, Berkeley
'Tax the rich'? Democrats' plans to make the wealthy pay a little more will barely dent America's long slide from progressive taxationU.S. Rep. Alexandria Ocasio-Cortez making a fashion statement.Ray Tamarra/GC Images via Getty Images

Demanding tax increases on the rich is back in fashion – both in the corridors of the House of Representatives and on the red carpet of the Met Gala.

The House Ways and Means Committee outlined plans on Sept. 13, 2021, to move the top marginal...

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