Baldwin Points to Tax Issues for the Super-Rich as a Rising Issue
Could using tax policy to reduce the gaps between the highest income Americans and middle and lower income people be an important, and maybe hot, issue ahead?
Sen. Tammy Baldwin indicated that was her perspective and that she was open to ideas for using tax reform changes to pursue that goal during an “On the Issues with Mike Gousha” program Wednesday at Eckstein Hall.
“We clearly have a system that has chosen, in certain policy decisions made, to reward wealth over work,” Baldwin said. “I think we have to question a system that works that way.”
Baldwin said some other countries have policies that limit the maximum salaries of CEOs in relation to the salaries of their employees. “I don’t think we’re going to see those kind of initiatives” in the United States, she said. “But that leaves the tax code really as our predominant way of looking at this and understanding this. . . . That’s an issue we should think about.”