Below is an email that Moveon.org generated for me to announce the above event that I will be watching on Monday night
Senator Elizabeth Warren and Professor Thomas Piketty, author of the #1 New York Times bestselling book Capital in the Twenty-First Century, are two of the leading voices on economic inequality–and they’re teaming up for a one-of-a-kind conversation that we’re invited to!
This Monday, June 2, at 8:30 p.m. ET (7:30 CT/6:30 MT/5:30 PT), MoveOn is teaming up with Sen. Warren and Prof. Piketty to broadcast their dialogue for the first time. And when they talk, they’ll be answering questions submitted by MoveOn members. Right after the screening, Sen. Warren will join a special call with participants.
I’m going to watch the conversation with Sen. Warren and Prof. Piketty on Monday night–will you join me? Click here to RSVP and submit your questions.
Here are the questions I wrote in my response to the invitation.
Modern Monetary Theory explains that the government’s collection of taxes doesn’t have to have anything to do with funding the government’s expenditures. Expenditures could be financed by the creation of our sovereign currency by keystrokes by the Fed if it weren’t for certain procedural impediments placed on the Treasury by Congress.
Can you please address the policy objectives of taxing the rich without making the mistake that it is necessary to do so to fund government expenditures? Can you also explain that it would be better to prevent the rich from taking so much in the first place by reregulating certain of their practices and jailing the ones that violate the law than it would be to tax them after they have already taken so much?