Heather Cox Richardson: Romney “appears to acknowledge the political ideology of the past forty-five years has failed. He called for addressing the economic inequalities in the United States by placing higher taxes on the rich….”
@georgetakei
There is a reason Greed is one of the 7 deadly sins. It damages society by concentrating wealth into too few hands. The "Greed is good" that was preached in the early years of Reaganomics is bad for society. It kills off consumption, thus strangling GDP. We need to go back to the tax rates and system we had at the end of the 1960s. It punished short term speculation and money chasing wealth, and encouraged investments in new infrastructure and improving productivity.
#USPol #Taxes
