Significantly raise rich people’s taxes!
In the 1950s under Republican President Eisenhower, the U.S. had a tax rate of 93% for the richest people, and we enjoyed great prosperity. Over the years Republicans and Democrats alike have been cutting taxes so rich people and giant corporations are now paying far less than they used to — and far less than they should. “Trickle-down” has been proven NOT to work. The rich keep getting richer. Everybody else suffers by having to pick up the slack, and also by suffering grossly underfunded governmental services. This is true at federal, state and local levels. Rich people and businesses […]