Center on Assets, Education, and Inclusion

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This impromptu series grapples with issues derailing America from being able to tackle its economic inequality problem. The first paper (which probably should have been the last paper in the series, but that is why this is impromptu which is a nice way to say I did not start off planning a three paper series) deals with issues that stand in the way of the asset field specifically, but the poverty field more generally, uniting in the fight against economic inequality. The second paper pulls back the curtain on narratives that have shaped Americans’ views on the importance of wealth transfers for sustaining the ideal captured in the American dream. The third paper will dive directly into the unique issue of race in America as it relates to economic inequality. The objective of this series is to start a productive conversation on passing meaningful wealth transfer legislation that has the potential to greatly reduce economic inequality in America. Such legislation is not only important for American families, but is a way to strengthen America from both internal and external threats to its democracy. The existence of high levels of economic inequality are a direct threat to the survival of America and demand that we declare war on it today.

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William Elliott

Working Paper Year 2022