Opening Thursday, May 10th, from 5PM - 6:30PM
Beginning with the Reagan tax cuts of the 1980s, the United States launched an unprecedented social experiment that has failed spectacularly. Inequality in the United States is now comparable to what it is in plutocratic Russia. Even as they have become fabulously wealthy, the rich have cut their taxes to levels last seen in the 1920s. Some believe that dodging taxes makes them smart, but it mostly makes us fools. The burden of what the 1 percent and multinationals won’t pay must be borne by the rest of us—thus exacerbating inequality. This talk by Gabriel Zucman (UC Berkeley), sponsored by the Economy and Its Boundaries project at the Neubauer Collegium, will address how we got there and discuss potential solutions.