How do you rig an economy? You start with the tax code, of course. The architects of the Reagan Revolution understood this, which is why their revolution went in reverse. The rich overthrew the poor… and launched a movement lasting through six presidencies (yes, including Clinton and Obama) that heaped tax break after tax break on the wealthiest Americans regardless of which political party was in charge. 

The question now is: How do you un-rig the economy?

You start by enacting a new tax code that drives the benefits of the economy directly into the pockets of working people and requires those who have benefitted the most from America’s economic structure to recycle a significant portion of that benefit back into our society, rather than allowing them to amass fortunes so large they threaten our democracy.

The “Preserve Democratic Capitalism Tax Agenda” is a vision for how our nation can catalyze a new revolution - tax those at the top according to their level of income instead of parsing how that income was generated, lift the tax burden off of those who haven’t yet provided for themselves, demand those with significant wealth pay more than the merely affluent, and constrain the accumulation of stratospheric wealth enough to prevent it from threatening our democracy.