Building a just social democracy takes money. Do Democrats have the political courage to pay for it?

As low-hanging fruit in the tax code disappears, Democrats face a bind.

Democrats to the rescue?
(Image credit: (iStock))

The Democrats have a problem. The party wants to expand government spending to help middle- and lower-class Americans. But as the 529 accounts debacle recently showed, getting the needed revenue will be exceedingly difficult. The ranks of the super-wealthy are too small to provide the money, and the upper class is hellbent against paying higher taxes.

Thomas Edsall laid out the problem in particularly stark terms in The New York Times. The percentage of Americans making over six figures — a good proximate for the upper class — has grown substantially in recent years. They now make up almost a third of the voting public, and in recent years more of them have been defecting from the GOP to the Democratic Party.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.