Those who earn tens of millions of dollars a year but pay less than 14 percent of their incomes in taxes, and argue the rich should pay even less, are not true patriots.
Those who defend indefensible tax loopholes, such as the “carried interest” loophole that allows private-equity managers to treat their incomes as capital gains even if they risk no income of their own, are not true patriots.
Those who avoid taxes by putting huge amounts of their earnings into IRAs via foreign tax shelters are not true patriots.
Those who want to cut programs that benefit the poor — Food stamps, child nutrition, Pell grants, Medicaid — so that they can get a tax cut for themselves and their affluent friends— are not true patriots.
Robert Reich is Professor of Public Policy at the Goldman School of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written eleven books, including The Work of Nations, which has been translated into 22 languages; the best-sellers The Future of Success and Locked in the Cabinet, and his most recent book, Supercapitalism. His articles have appeared in the New Yorker, Atlantic Monthly, New York Times, Washington Post, and Wall Street Journal. Mr. Reich is co-founding editor of The American Prospect magazine. His weekly commentaries on public radio’s "Marketplace" are heard by nearly five million people.
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