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ABOLISH POVERTY: Matthew Desmond on How We Can Do It

The Next Big Idea

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Are We Benefiting?

Sally Kohn: We are benefiting from tax breaks that accrue in America, they add up to about $1.8 trillion a year. Most of those benefits accrue to wealthy Americans and should be included in the calculation of what a welfare program is,. She says she has felt complicit in some of the problems with poverty in our country by having benefited from the growth of the stock market over the last 10 or 20 years. "I love Apple products, but it's also not lost on me that, you know, Apple has something like 35% profit margin"

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