News with Rick Sanchez: Richard Wolff rages at Dems' tax 'gift' to the rich

Democrats in Congress have proposed a drastic revision to President Biden’s original tax reform proposal, with a capital gains tax rate of 25 percent instead of 40 percent. Professor Richard Wolff joins Rick Sanchez to share his thoughts. He calls the change a “pathetic caving-in of the Democratic Party” and says that it proves the super-rich and corporations dominate both major US political parties.

Watch the segment here. 

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  • Pasqual DiGesu
    commented 2021-09-24 09:40:30 -0400
    “School distric punished by DeSantis gets 150,000 from Biden administration for defying the anti mask order imposed by this governor. Winners- De Santis who gets another federal subsidy. Losers- the tax payers from every other state. Add these bills to the inability to tax your big industries onto the same tax payers in our great democracy. This country has no head, call it what you will.
  • Richard Wolff
    published this page in Updates 2021-09-21 09:17:35 -0400