In the News

GOP tax plan helps monopolies and hurts us all

Authors Joe Maxwell and Andy Green explain how the current administration's tax plan would merely concentrate corporate power at the expense of middle-class taxpayers.

America as the land of opportunity is under threat. America’s family farmers, small business owners, and middle class workers have long believed that if you work hard, you can get ahead. But in the last 30 years, the growing trend toward concentration of corporate power has increasingly put the American dream out of reach for ordinary citizens. Family farmers have particularly felt the wrath of consolidation as they increasingly lack open, competitive markets to sell their goods.

Until recently, both political parties in Washington ignored this problem. That is starting to change, but recent progress could be reversed if corporate tax “reform” put forward by the president and Republican establishment gains steam.

The above excerpt was originally published in The Kansas City Star. Click here to view the full article.

The positions of American Progress, and our policy experts, are independent, and the findings and conclusions presented are those of American Progress alone. A full list of supporters is available here. American Progress would like to acknowledge the many generous supporters who make our work possible.

Authors

Joe Maxwell

Andy Green

Senior Fellow