Dean Baker — Progressive taxes only go so far. Pre-tax income is the problem

What Dean is saying is to preempt extraction of economic rent before it occurs, instead of taxing it back afterward. A lot of rent extraction results from government policy that can be changed politically — if the public demands it strongly enough.

Truthout

Progressive taxes only go so far. Pre-tax income is the problem

Dean Baker | Co-director of the Center for Economic and Policy Research in Washington, D.C