I recently got a chance to co-facilitate a workshop designed by Wealth for the Common Good (they’re organizing rich people to fight for fairer tax policy) about wealth, taxes, and inequality. It was an awesome workshop and gave me the chance to a) get very in touch with how totally ignorant I am about basically anything having to do with taxes (and learn tons preparing for the workshop) and b) agonize over some frustrating political questions that I still don’t know how to think about.
So here’s the thing: the entire U.S. tax system is set up to maintain and increase incredible, horrifying wealth inequality. Income tax is hardly progressive; work (income from a paycheck) is taxed at a much higher rate than wealth (income from investments); inheritance taxes are minimal and under attack from rich conservatives who believe that freedom means the freedom for really rich people to get really REALLY rich. Learning the details of all of this stuff is enraging and really illustrates how tax policy is a major contributing factor to all the forms of structural violence and inequality that we fight against. Continue reading “Tax angst”