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eppur_se_muova

(36,227 posts)
Mon Jun 2, 2014, 01:13 PM Jun 2014

Reforming Taxation to Promote Growth and Equity -- Joseph Stiglitz' "White Paper"

EXECUTIVE SUMMARY
This white paper outlines concrete policy measures that can restore equitable and sustainable economic
growth in the United States, in the context of the country’s recurring budgetary crises. Effective policies
are within our grasp, because these budgetary crises are the result of political and not economic failings.
Tax reform in particular offers a path toward both resolving budgetary impasses and making the kinds of
public investments that will strengthen the fundamentals of the economy. The most obvious reform is an
increase in the top marginal income tax rates – this would both raise needed revenues and soften
America’s extreme and harmful inequality. But there are also a variety of other effective possible reforms
related to corporate taxation, the estate and inheritance tax, environmental taxes, and ensuring that the
government gets full value when it sells public assets. This white paper describes the gravity of the
economic situation in the United States, but also shows that there is a way out.

view/download pdf: http://rooseveltinstitute.org/sites/all/files/Stiglitz_Reforming_Taxation_White_Paper_Roosevelt_Institute.pdf




(I gave this link in my post re Stiglitz's appearance on Moyers' program, but thought it deserved a home in Good Reads as well.)

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