Why We Should Stop Talking About Raising Taxes On The Rich

This article tells us that we can't solve all our revenue shortfall by raising taxes on the rich or on corporations. In other words the OWS protesters are wrong about raising taxes on the rich or on corporations. I don't think that many suggest that we can fix the tax system by exclusive focus on the rich or on corporations. The problem is that the tax system has been made less progressive at the same time that most of the growth in income has gone to the super rich. The tax and income system has become less fair, and it has led to distortions in our democratic system. This problem needs to be fixed even if it does not solve all of our revenue shortfall problems.