Inspiration from Massachusetts: A New Wealth Tax Works Keeping Democracy Alive with Burt Cohen

Across the United States there is tremendous support for a taxing the wealthiest among us. So why doesn’t it happen? Well, in Massachusetts, it has. As Inequality.org’s Sam Pizzigati explains in this segment, there was powerful resistance  to the new tax from big corporations but now the state constitution includes a Fair Share Amendment which levies a new 4% tax on the incomes of the super rich. As Pizzigati reminds us, there was much greater prosperity in the mid-20th century when we did tax the wealthiest at a much higher rate. And despite the threats, rich people have not fled from the Bay State. Your state can replicate this!