The US Senate wonders about tax policy for the American Dream: why are schools failing to promote social mobility?

The American education system is of relatively more advantage to the relatively advantaged. As a result it does less than it could to promote opportunity.

In response to my July 10th testimony to the Senate Committee on Finance hearing on “Helping Young People Achieve the American Dream” I received some homework, a series of questions asking me for a good deal more detail. You can review all of the questions on my November 11th post, but a couple of questions posed by the Committee Chairman, Senator Max Baucus of Montana, speak to probably the most important driver of social mobility, and raise particularly important issues for public policies.

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