Income Inequality Is A Policy Choice

Two headlines, side by side, in the New York Times the other day explain succinctly why income inequality is so rampant and extreme in our country. The first story, entitled “Profitable Giants Like Amazon Pay $0 in Corporate Taxes. Some Voters Are Sick of It”, details how some of the most profitable corporations in the country, or in the world for that matter, pay no taxes at all.

It has been the case for a long time that many of the country’s most profitable companies rarely pay taxes, despite the supposedly “oppressive” 39% top marginal tax rate that existed prior…