Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Friday, 1 February 2019
Historian Says Billionaires Should Stop Talking Philanthropy, Start Talking Taxes
Historian and author Rutger Bregman made waves at the World Economic Forum in Davos when he told billionaires in attendance that large marginal tax rates, like those suggested by Rep. Alexandria Ocasio-Cortez (D-NY), are better for the public good than philanthropy. Bregman joined CBSN to discuss how tax policy could be used to reduce inequality.
