Jessica Corbett is a senior editor and staff writer for Common Dreams.
As a Capitol Hill battle over the 'GOP tax scam' looms, U.S. Senate Budget Committee Chair Sheldon Whitehouse on Wednesday pointed to a new nonpartisan government analysis about soaring wealth inequality as proof of the need for serious reforms.Whitehouse sought the Congressional Budget Office report, which details trends in the distribution of family wealth—including projected Social Security retirement and disability benefits—in the United States from 1989 to 2022.
'Do we want to reward billionaires, who have already captured so much of the nation's wealth, or do we want to de-corrupt the tax code, ensure the wealthy and big corporations pay their fair share, and reduce the deficit, all while making necessary investments to better the lives of all Americans?'Whitehouse noted that the report also comes amid concerns about the future of Social Security.
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