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Books, Literature & Ideas

Books, Literature & Ideas

Clay Bennett | Congress Approves Some Wall Funding


A US Tax on Wealth Is Long Overdue

/ Carefully calculated by economists Emmanuel Saez and Gabriel Zucman, the proposal by Sen. Elizabeth Warren (D-Mass.), now running for president, sets a rate of 2 percent on fortunes valued between $50 million and $1 billion, and 3 percent above $1 billion, Getty Images

Between 1930 and 1980, the rate applied on the highest incomes was on average 81 percent, and the rate applied to the highest inherited estates was 74 percent. Clearly this did not destroy American capitalism.

Thomas Piketty, the Boston Globe / Common Dreams / Portside Now you can follow Evergreene Digest on Twitter.


February 12, 2019 | What if the final blow for French President Emmanuel Macron came not from the yellow vests but from US Senator Elizabeth Warren of Massachusetts? Warren, who announced her candidacy for president on Saturday, has proposed what will doubtless be one of the key points of her campaign — the creation of a genuine federal progressive wealth tax.

Carefully calculated by Emmanuel Saez and Gabriel Zucman, the Warren proposal sets a rate of 2 percent on fortunes valued between $50 million and $1 billion, and 3 percent above $1 billion. The proposal also provides for an exit tax equal to 40 percent of total wealth for those who relinquish their American citizenship. The tax would apply to all assets, with no exemptions, with dissuasive sanctions for people and governments that do not transmit appropriate information on assets held abroad.

Thomas Piketty is a French economist and the author of the best-selling book, Capital in the 21st Century, which emphasises the themes of his work on wealth concentrations and distribution over the past 250 years.
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The Anger Is Real. Let’s Do Something With It.,556

/ J. Scott Applewhite/AP

  • Don’t let the purveyors of rage drag you down to their level.
  • Related: The Return of the Strike.

Monika Bauerlein, Mother Jones   Journalism with real independence and integrity is a rare thing. All reader supported Evergreene Digest relies - exclusively!- on reader donations. Click on the donation button to the right to make a contribution and support our work.

September 30, 2018 | I should be writing a fundraising column right now, making the case to support Mother Jones‘ journalism at a time of truth decay. But I can’t.

Like far too many women, and not a few men, I have a head full of flashbacks—Christine Blasey Ford saying “burned into the hippocampus is the laughter,” Lindsey Graham yelling and pointing, a woman calling into C-SPAN to share, at last, what happened to her, the swirling questions of what, exactly, I could testify to from my memories of assault. 

Monika Bauerlein is CEO of Mother Jones

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The Return of the Strike, Steven Greenhouse, the American Prospect / Portside

This year, thousands of teachers, hotel workers, Google employees, and others walked off the job and won major gains. Which raises two questions: Why now? And will this continue?

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Why millions of people are getting hit with a surprise tax bill this year.

Paul Ryan in 2016, then the House speaker and an architect of the tax bill. Darren Hauck/Getty Images

An effort to make the tax bill look better ended up making it look worse.

Matthew Yglesias, Vox

February 6, 2019 | Americans who are accustomed to receiving an income tax refund tend to file their taxes early — often in late January or early February when all the paperwork becomes available — but this year many early filers are finding to their surprise that they actually owe money to the IRS.

Republicans are now facing a backlash from an angry public that includes millions of people who were expecting tax refunds that they are now not going to get.

A tweet rounding up other tweets from displeased early filers went viral because the user, @smarxist, deliberately singled out people who are mad at President Donald Trump for raising their taxes. / Matthew Yglesias, Vox co-founder with Ezra Klein and Melissa Bell, currently is a senior correspondent focused on politics and economic policy, and co-hosts The Weeds podcast twice a week on Tuesdays and Fridays.

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The Super Bowl Can No Longer Entertain an Overstimulated Nation

Let the record show: Football is dead, and ’twas boredom that killed the beast.

Dave Holmes, Esquire you like reading this article, consider contributing a cafe latte to all reader-supported Evergreene Digest--using the donation button above—so we can bring you more just like it.

Feb 4, 2019 | The Patriots just won Super Bowl LIII, and I can’t imagine a world in which even they themselves are excited about it. The game itself was a long, languorous, low-scoring snoozer that had America begging for a dilly-dilly, and the pageantry surrounding it was like a dial tone turned all the the way up. I’ll put it this way: when the highlight of the Super Bowl is thirty near-silent seconds of Andy Warhol delicately dipping a plain Whopper into a small puddle of Heinz ketchup, this nation is in turmoil.

The night began pleasantly enough, with a performance of “God Bless America” by Chloe Multiplied By Halle, who are nominated for Best New Artist in next weekend’s Grammy awards. That awards ceremony will be aired by CBS, and hosted by Alicia Keys, who it appears will be doing comedy, because America has truly lost its way. Gladys Knight then sang “The Star-Spangled Banner,” and did not take a knee, because of course she did not take a knee, because clearly NFL snipers were stationed throughout the Mercedes-Benz Stadium. She did however do the “land of the freeEEEE” thing that all singers have been required by federal law to do since 1992.

Dave Holmes, Esquire, gives advice on sex, relationships, career, and life in a weekly column.

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