Constructive gadfly
Published on October 29, 2008 By stevendedalus In Politics

 

The much talked about Redistributor in Chief took place in 1981 when Reagan took the progressive tax structure on the wealthy from 70% down to 28%, the inevitable consequence of which simply brought into reality the adage the rich got richer and the poor got poorer. The additional bonus was the rise in numerous tax shelters to the point that true earnings were distorted. and to rub it in, investors looked to cheap foreign labor to enrich themselves further. Meanwhile in Washington union busting prevailed and living wages began to tank, roiling redistribution even more .    


Comments (Page 11)
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on Dec 05, 2008

power never, EVER, corrupted anyone (aside from fictional characters). Demagogues are usually corrupt to begin with and just pretending to be nice because they know it is a path to power.

Power reveals, since once you have power, you no longer need to pretend.

on Dec 07, 2008

So it is with the modern day do-gooder.
Yes, the intolerable view to give a helping hand to the misfortunate.

Why is that particular interpretation of fairness good?
Oh, a Comcastic speed demon, eh? Give the turtle a break.

on Feb 11, 2012

Artysim
Yes, voluntary is fine but there are very few Mr. Fords and very many Jeff Skilling's and Ken Lay's

Bravo!   As bad as politicians are, I would still truat them more than"American Elect" has in mind: the perpetuation of laying waste the nation by electing Wall Streeters.

on Feb 12, 2012

stevendedalus
Yes, the intolerable view to give a helping hand to the misfortunate.

Yes, the intolerable view to give a helping hand of OPM to the misfortunate.

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