Opinion | Taxing the Rich Requires More Than Policy

Argentina Noticias Noticias

Opinion | Taxing the Rich Requires More Than Policy
Argentina Últimas Noticias,Argentina Titulares
  • 📰 commondreams
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

'The Left is finally waking to the power of ballot initiatives as tools to advance egalitarian and redistributive policy.'

With numerous initiative campaigns around the country raising minimum wages, protecting abortion rights, and in the case of Massachusetts's Fair Share Amendment, taxing the rich to fund public services, the Left is finally waking to the power of ballot initiatives as tools to advance egalitarian and redistributive policy.

The example of Arizona is instructive here. Arizona is in numerous ways a bellwether state. From regressive immigration policy to school choice, Arizonans seem cursed to preview nationwide political developments in our own perverse laboratory of democracy. Despite its promise—or perhaps because of it—Prop 208 didn't last long. The year after voters approved 208, the state legislature dropped down tax brackets to nullify its effects. The year after that, the State Supreme Court declared the initiative unconstitutional.

The rich, many will be unsurprised to hear, have better tax lawyers than most. They can spend money on the front end to stifle redistributive efforts , but they can also spend on the back end to chip away at or, in the case of Prop 208, completely gut any tax policy they don't like. They are well-organized, they have the necessary connections, and they won't stop until they get what they want.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

commondreams /  🏆 530. in US

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

The Best Black Friday Air Fryer Deals to Crispify Your LifeThe Best Black Friday Air Fryer Deals to Crispify Your LifePopular opinion: Air fryers are the new Instant Pots.
Leer más »

Left behind: The most notable banned Twitter accounts Musk has not restoredLeft behind: The most notable banned Twitter accounts Musk has not restoredWhile Elon Musk has reveled as CEO in reinstating several Twitter accounts, a collection of accounts has not gotten such an opportunity.
Leer más »

Why are some of Southern California’s most expensive properties left completely empty?Why are some of Southern California’s most expensive properties left completely empty?As development fills every crack of L.A. County, some of the most prized parcels are left untouched. Why?
Leer más »

I’m a bodybuilder and agonizing steroid boils left me scarred for life: Know what you’re doingI’m a bodybuilder and agonizing steroid boils left me scarred for life: Know what you’re doingDave Hartrey, 24, is calling on the medical community to help him raise awareness of the dangers.
Leer más »



Render Time: 2025-04-07 04:24:22