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This week on Economic Update, Professor Wolff delivers updates on U.K. PM Starmer’s trade visit to China, the new head of the Federal Reserve, and the escalation of a general strike in Minneapolis and its spread across the U.S. as people gear up against government assaults on cities. In the second half, Professor Wolff interviews Professor Ray Madoff of Boston College Law School to discuss the flaws in the U.S. tax system and her new book, The Second Estate: How the Tax Code Made an American Aristocracy.
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program explores alternative ways to organize, markets, and government policies.
The post How the U.S. Tax System Worsens Inequality appeared first on KPFA. |