Channel: BEME News

Category: News & Politics

Tags: trumpalexandriasandersdavosauditnewscnnberniebemenewscasey neistat bemelou fogliataxwealth taxirswarrenhere’s the thingocasio-cortezgreen new dealaocbemeyoutube casey neistatevasioncasey neistattaxationcasey neistat cnnwild shit

Description: Democrats like Bernie Sanders, Elizabeth Warren, and Alexandria Ocasio-Cortez want the wealthy to pay more in taxes. Why? The American economy is booming…but the government is strapped for cash. The national debt just reached a record 22 trillion dollars. Meanwhile, wealth inequality threatens the cohesion of society. One solution: tax the rich. There are a few specific policy proposals out there. Will they work and are they fair? Lou explains. SOURCES & FURTHER READING Oxfam’s “Reward work, not wealth” report oxfam.org/en/research/reward-work-not-wealth Statistics on Global Inequality inequality.org/facts/global-inequality/#global-wealth-inequality Gales on a better way to tax the rich cnn.com/2019/01/22/perspectives/alexandria-ocasio-cortez-tax-plan-alternative/index.html Stasavage on the history of taxing the rich theconversation.com/are-we-ready-to-raise-taxes-on-the-rich-history-says-no-57777 The Economist on how to tax the rich economist.com/leaders/2019/02/02/how-to-tax-the-rich CREDITS Writer: Louis Foglia Editor: m.cho Researcher: Dushyant Naresh Supervising Producer: Allison Brown Follow Beme on Instagram: instagram.com/bemenews Twitter: twitter.com/bemenews Facebook: facebook.com/officialbeme