Inequality in America isn't really about the top 1 percent, it's more like the top 20 percent. Tax policies deliberately shaped to favor the Top Twenty are one of the reasons (for chapter and verse see the Richard Reeves book Dream Hoarders).
If Democrats take control in 2021 they should bring back Reagan's equal taxes on income from wealth and income from work. For everybody, non-millionaires and millionaires alike.
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This article first appeared at www.nydailynews.com.
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