Description:   The economist says the upper 1% has to be taxed more; they have ‘close to a quarter of all the income and 40% of all the wealth.

Source: CNNMoney.com – video report

Date: 03/31/2011

Link:  http://money.cnn.com/video/news/2011/03/31/n_ss_tax_rich.cnnmoney/

Questions for discussion: 

• What does this report have to say about the current tax system?
• Do you agree with the analysis and suggestions?
• How would you change the tax system in order to optimize tax revenues and economic growth simultaneously?