Wealth Taxes Will Barely Slow Inequality. So Why Do the Super-Rich Resist Them?

Zohran Mamdani’s historic victory for the working class in the financial capital of the world is a reflection of the growing appeal of bold platforms that attack extreme inequality and oligarchy and move toward a more equitable and just society. Inequality, to be sure, is one of the biggest social problems facing many countries across the globe. The gap between haves and have-nots has grown to…

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This post has been syndicated from Truthout, where it was published under this address.

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