RT #[0]
Just another reminder that trickle down economics was invented by conservatives in the 1980s to justify massive tax cuts for the wealthy and corporations. It’s been nothing short of a disaster.
Robert Reich
rbreich@masto-ai.mostr.pub
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Berkeley professor, former Secretary of Labor. Co-founder of Inequality Media. Sign up for updates, analysis and drawings: http://robertreich.substack.com
Researchers estimate that if the top 1% of Americans paid the full amount of taxes they owed, it would raise $175 billion a year.
That’s just UNPAID taxes. Not new or higher taxes.
This is the real looting in America.
If this year taught us anything, it's that:
1) Workers keep America going, not billionaires.
2) Corporate profits don't trickle down to workers.
3) Poverty is a policy choice.
4) Health care is a human right.
5) Strikes work.
I hope we act on these lessons in the new year.