I'm in the 1% - please, raise my taxes

There's a story we like to tell about American capitalism. Ours is a country that prizes merit, rewards risk and stands apart in its commitment to the collective success of open markets and the free flow of capital. We are a nation of strivers who can pull ourselves up by our bootstraps with the right combination of grit and determination.

That's the tale we love to tell and hear. But take it from a person who has found himself on the fortunate side of that narrative: This story is incomplete. For most people, our system isn't working.

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A version of this article appeared in the print edition of The Straits Times on June 28, 2019, with the headline 'I'm in the 1% - please, raise my taxes'. Print Edition | Subscribe