On this edition of Your Call, we speak with a member of the Patriotic Millionaires about their battle against the concentration of wealth and power in the hands of the few.
In 2010, a group of high-net-worth individuals got together to demand and end to the Bush tax cuts for the wealthy. They call themselves the Patriotic Millionaires, and are proud of being considered “traitors to their class” for wanting higher taxes on the rich. One analysis says the overall level of wage inequality now is similar to what we saw prior to the Great Depression. How are these wealthy individuals using their influence to promote political equality, a livable wage, and fair taxes?
Guests:
Charlie Simmons, retired Silicon Valley executive and member of the advocacy group Patriotic Millionaires
Dean Baker, senior economist with the Center for Economic and Policy Research
Web Resources:
Patriotic Millionaires: Why I Am A Patriotic Millionaire: Charlie Simmons
San Jose Mercury News: Opinion: Does the gig economy mean it’s time for Medicare-For-All?
USA Today: Don't cut taxes for rich people like me: Walt Disney grandniece Abigail
