The system in contributing to the income/wealth gap. Adjustments need to be made in the tax code.
I know people get mad at me when I tell them that I was a huge fan of Ronald Reagan. I voted for him twice and I believed that supply side and trickle down. Never in my life was I so wrong, and it took me almost 30 years to realize that this good man who started to attack waste and government inefficiency probably single handedly started the destruction of the American middle class. All the while he was creating this massive fail, he was making the best foreign policy decisions than any other president 30 years before his presidency.
The problem is that the solution is not going to be over night. It starts with raising the tax rates on the highest brackets, lowering the estate tax exemptions, increasing enforcement of diversion of corporate profits off shore. Eliminating subsidies and tax loopholes which have corporation paying the lowest amount since wwII. It must be combined with increases in the minimum wage......not overnight, but a decade long plan to return the rates to the mid sixty real dollar value. It will take massive campaign financing reform because both Democrats and Republicans are guilty of being nothing more than prostitutes for special interests.
It also will take a constant effort by Americans to attack the propaganda which has allowed folks with low intelligence to be manipulated and fleeced of their family's economic future, all the while being diverted about gun rights, abortion, and wars which cannot be paid. This country will begin to fight this battle, but the media is being bought up, the internet will be restricted, the police state will expand as American citizens will become the victim, not like this scofflaw, but for standing up against the oligarchy which in my opinion has never been as strong in this country since the British made us a colony of England to be milked like a cow, as we now chew our cud, we will need leadership and activism from all Americans....we are at war....and the American middle class has been losing.....we WILL win the battle.
I know people get mad at me when I tell them that I was a huge fan of Ronald Reagan. I voted for him twice and I believed that supply side and trickle down. Never in my life was I so wrong, and it took me almost 30 years to realize that this good man who started to attack waste and government inefficiency probably single handedly started the destruction of the American middle class. All the while he was creating this massive fail, he was making the best foreign policy decisions than any other president 30 years before his presidency.
The problem is that the solution is not going to be over night. It starts with raising the tax rates on the highest brackets, lowering the estate tax exemptions, increasing enforcement of diversion of corporate profits off shore. Eliminating subsidies and tax loopholes which have corporation paying the lowest amount since wwII. It must be combined with increases in the minimum wage......not overnight, but a decade long plan to return the rates to the mid sixty real dollar value. It will take massive campaign financing reform because both Democrats and Republicans are guilty of being nothing more than prostitutes for special interests.
It also will take a constant effort by Americans to attack the propaganda which has allowed folks with low intelligence to be manipulated and fleeced of their family's economic future, all the while being diverted about gun rights, abortion, and wars which cannot be paid. This country will begin to fight this battle, but the media is being bought up, the internet will be restricted, the police state will expand as American citizens will become the victim, not like this scofflaw, but for standing up against the oligarchy which in my opinion has never been as strong in this country since the British made us a colony of England to be milked like a cow, as we now chew our cud, we will need leadership and activism from all Americans....we are at war....and the American middle class has been losing.....we WILL win the battle.