Tax the Plutocrats!

By Gar Alperovitz

This article appeared in the January 27, 2003 edition of The Nation.

January 9, 2003

It's time to confront the central obstacle blocking a new progressive politics: the Democratic Party's abject fear of the truth that new taxes are going to be needed if the party is ever to offer--and finance--a dramatic program capable of mobilizing large numbers of working Americans, white, black and brown. The way forward is to go on the offensive by sharply delineating a strategy targeting America's plutocratic top 1-2 percent elite, plus the corporations they largely own. Changes in income and wealth patterns in recent years make it possible to do this without simultaneously alienating middle-income and middle-class suburban voters.

A progressive program worth fighting for would begin with fixing--improving, not reducing--Social Security; it would move on to prescription drugs, major reform of the healthcare system, support for broad-based college tuition assistance, serious daycare provision, an expansion of the earned-income tax credit. Public transportation, environmental and other infrastructure needs are also huge, between $60 billion and $100 billion a year in recent estimates. A serious effort might also add some tax relief for middle- and low-income families.

The first step is to stop compromising at the outset, thus eliminating any hope of offering something powerful that we can mobilize around over the long haul. Progressives must challenge the idea that the United States, the richest nation in the world, must always be the poor sister among the advanced nations--that our nonmilitary public sector, at 29.7 percent of GDP, must always lag behind Britain's (35.8 percent), Germany's (43 percent), France's (44.8 percent) and, of course, that of countries like Sweden, at 50 percent.

Subscriber Login

4 ISSUES FREE

Subscribe Now!

The only way to read this article and the full contents of each week's issue of The Nation online is by subscribing to the magazine. Subscribe now and read this article -- and every article published since for the past five years -- right now.

There's no obligation -- try The Nation for four weeks free.

.

About Gar Alperovitz

Gar Alperovitz, Lionel R. Bauman Professor of Political Economy at the University of Maryland and a founding principal of the Democracy Collaborative, is working on a book on progressive change in the twenty-first century. He is the author of The Decision to Use the Atomic Bomb (Knopf) and, most recently (with Thad Williamson and David Imbroscio), Making a Place for Community (Routledge). more...
Most Read

Issues »

Most Emailed

Issues »

Popular Topics

Blogs

» State of Change

Hank Paulson Could Care Less About Autoworkers | Treasury secretary was filled with urgency for Wall Street's bailout, but doesn't even show up to help the auto industry.
John Nichols

» The Beat

Another Woman Senator From New York? | NOW, Feminist Majority endorse Carolyn Maloney to replace Clinton.
John Nichols

» Capitolism

Realizing the Promise | A people's inauguration
Christopher Hayes

» The Dreyfuss Report

Obama's Gaffe on India | He ought to be urging India to talk to Pakistan, not cross the border to "catch" the bad guys.
Robert Dreyfuss

» Editor's Cut

Bread, Bombs, and the Big Stimulus | We need a smart and focused inside-outside strategy to revive our frayed social compact -- now more critical than ever.
Katrina vanden Heuvel

» And Another Thing

Can you help "Nickie"? | Bringing the abortion debate down to earth
Katha Pollitt

» The Notion

DC to Delhi: Only Our Missiles -- Not Yours | What is Rice going to say to India: only DC not Delhi is allowed to bomb Pakistan?
Laura Flanders

» Act Now!

World AIDS Day | How to help in the fight against the AIDS pandemic.
Peter Rothberg

» Passing Through

Forget GM's Plan -- Where's The Government's Plan? | Create a demand for green cars.
Jane Hamsher