We’re Closer Than Ever To Progressive Tax Reform In Washington State

A new letter from Washington State economic and policy researchers makes a similar point, arguing strongly against austerity and for taxing the rich as the only responsible path to solving the crisis. Pointing out that “[s]ignificant cuts in government spending and investment in public  projects and infrastructure will especially impact workers and families of color,” they conclude “tax and spending cuts often fail to stimulate spending as promised. Ensuring the wealthiest pay for investments is the most productive and effective way to kickstart economic recovery and rebuild the state’s economy.”

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