Former Secretary of Labor Robert Reich explains what’s wrong with the US economy. Although it has expanded, 40% of the wealth goes to the superrich. They use their lobbying dollars to reduce their taxes– the capital gain tax is only 15%. The decline in tax revenues adds to the deficit and businesses are afraid to invest. The solution is a strong middle class and fair taxation.
Comments on: "US Deficits" (1)
[...] US Deficits (gaylekimball.wordpress.com) [...]