Wage Enslavement: How the Tax System Holds Back Historically Disadvantaged Groups of Americans

26 Pages Posted: 11 Jan 2022

See all articles by Goldburn Maynard Jr.

Goldburn Maynard Jr.

Kelley School of Business

David Gamage

Indiana University Maurer School of Law

Date Written: 2022

Abstract

Despite the importance placed on equality of opportunity within United States political culture, the existing tax system inhibits historically disadvantaged groups from building wealth or catching up with historically more privileged groups. This effectively then traps many members of historically disadvantaged groups into a continued cycle of dependence on tax-disfavored wage and salary income, a phenomenon that we metaphorically label as “wage enslavement.” This Article explains this phenomenon and then calls for reform.

Keywords: Wage Enslavement, Income, Wealth, Tax Reform, Racial Wealth Gap, Wealth Tax

JEL Classification: K34

Suggested Citation

Maynard, Goldburn and Gamage, David, Wage Enslavement: How the Tax System Holds Back Historically Disadvantaged Groups of Americans (2022). Kentucky Law Journal, Forthcoming, Kelley School of Business Research Paper No. 2022-02, Available at SSRN: https://ssrn.com/abstract=4006682

Goldburn Maynard

Kelley School of Business ( email )

Bloomington, IN 47405
United States
8128555451 (Phone)

HOME PAGE: http://https://kelley.iu.edu/faculty-research/faculty-directory/profile.html?id=GOMAYN

David Gamage (Contact Author)

Indiana University Maurer School of Law ( email )

211 S. Indiana Avenue
Bloomington, IN 47405
United States

HOME PAGE: http://www.law.indiana.edu/about/people/bio.php?name=gamage-david

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