If you believe in a progressive tax system, they should be paying a lot more than 25 percent, because when one percent of the population gets 22 percent of the entire country's income, more than the entire lower 50 percent, that is such a massive economic dislocation.
Whitehouse argues for higher taxes on the wealthy to address economic inequality.
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Thank you, Senator Braun, for raising this. I am a co-sponsor of the bill. I appreciate your advocacy for it and your call for further support for it.
Look, we should get the House Ethics report. We should get the Department of Justice files, there's precedent for getting the House Ethics report.
I would just like to ask you if you would be willing to work with me, and I know Senator Wyden is interested in this on the Finance Committee as well, in a general look at how to do cliff smoothing.
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