<p>Institute for Policy Studies Recommends High-Income Tax Reform </p>

Institute for Policy Studies Recommends High-Income Tax Reform 

Institute for Policy Studies

Potential ways to increase tax fairness include enacting an excess profits tax, setting an emergency 10 percent millionaire income surtax, and reforming the estate tax, the Institute for Policy Studies said in an October 20 report that noted that billionaires have seen their tax obligations decrease by 79 percent between 1980 and 2018.

<p>Potential ways to increase tax fairness include enacting an excess profits tax, setting an emergency 10 percent millionaire income surtax, and reforming the estate tax, the Institute for Policy Studies said in an October 20 report that noted that billionaires have seen their tax obligations decrease by 79 percent between 1980 and 2018.</p>