The increase in US billionaire wealth has surpassed $1.1 trillion since mid-March, 2020, more than enough to pay for all the relief for working families contained in the $1.9 trillion coronavirus relief package proposed by President Biden.
Some labor historians say this new militancy resembles the 1930s, when a huge strike wave helped lead to landmark pro-labor legislation and one of the biggest bursts of unionization in American history.
The good news is that we can fix tax injustice, right now. There is nothing inherent in modern technology or globalization that destroys our ability to institute a highly progressive tax system. The choice is ours.