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Trillion-dollar deficits and heightened concern about income disparities are two of the most prominent legacies of the Great Recession. Both have prompted renewed discussion of raising taxes on high earners and the wealthy. Should the 2001-2003 tax cuts be allowed to expire at year-end for high-income households, as President Obama has proposed? Should we rethink the favorable tax rates on long-term capital gains and dividends? Should we enforce a "Buffett Rule" to ensure that high-income taxpayers pay a minimum tax rate? As taxpayers ready themselves for Tax Day 2012, a panel of experts will discuss these and other questions about raising taxes on the rich.
Howard Gleckman, resident fellow, Urban-Brookings Tax Policy Center (moderator)
At the Urban Institute