> "How would we pay for it? We could start by getting corporations to pay their taxes."
I don't know why people keep harping on corporate taxes. If anything, taxing corporations is regressive -- the taxes ultimately get passed on to consumers through higher product prices, regardless of their income levels.
Taxing corporations doesn't produce magic money -- it's still taxing people in the end, but it's the consumers. Far better is higher tax rates on investments, and higher taxes on the rich. We should be taxing the people who own the corporations, or are paid huge salaries by them -- that is, if you believe in progressive taxation.
I don't know why people keep harping on corporate taxes. If anything, taxing corporations is regressive -- the taxes ultimately get passed on to consumers through higher product prices, regardless of their income levels.
Taxing corporations doesn't produce magic money -- it's still taxing people in the end, but it's the consumers. Far better is higher tax rates on investments, and higher taxes on the rich. We should be taxing the people who own the corporations, or are paid huge salaries by them -- that is, if you believe in progressive taxation.