Thursday, June 14, 2012

Reich on the Rich

A persuasive case even though I didn't need to be persuaded.

From HuffPo...
Reich outlines his argument for increasing the tax burden of the country’s wealthiest citizens. Reich focuses on income inequality, pointing out that the wealth held by the top 400 Americans is more than the combined amount of the bottom 150 million. 
“For more than 30 years, we’ve been sold a lie that if you give tax cuts to the rich, every one else does better,” he says. “Trickle down economics is bunk, it always was.”

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