The stimulus package already passed and signed into law provides tax credits for 95 percent of American workers. Now the President wants to increase taxes on the wealthy, partly by letting the Bush tax cuts expire. One of his goals is to reduce the growing gap between the rich and the poor. We hear a debate and look at other factors that cause economic dislocation, including technology, changes in the work force and increased anxiety.
Income Redistribution: Basic Fairness or 'Class Warfare?'
Credits
Guests:
- Roberton 'Bob' Williams - Tax Policy Center
- Amity Shlaes - Calvin Coolidge Presidential Foundation - @AmityShlaes
- Daniel Gross - Strategy + Business - @grossdm
- Dalton Conley - Chairman of the Sociology Department, New York University