Letter: Jefferson would roll over in his grave
I just watched the Republican winners in the primaries say the same thing they have been saying for 30 years - "tax breaks for corporations" - the same corporations that, without conscience, rape the environment, destroy labor unions and accumulate their wealth for the CEOs who then spend money electing people who will help them keep more of the wealth in their own pockets.
Cutting taxes for corporations, with the idea that it will create jobs, hasn't worked in 30 years. Thirty years of that ideology has destroyed the middle class. Trickle down economics doesn't work! The old saying is that doing the same thing over and over and expecting a different result is insanity. But it is only insanity for the remnants of the middle class - cutting taxes on big business only means the moneyed classes are getting richer. Yet, the mindless mobs cheer for their own destruction. One-third of the people in the country make less than $30,000 a year. One-third!
Tell me who is getting tax breaks they don't need? The gap between the rich - those making more than $250,000 a year (10 percent of the population) - and the percentage of poor is larger now than before the Great Depression. During the Eisenhower and Kennedy years, corporations paid 90 percent tax on their profits - as a result we had the GI bill, affordable tuitions, one-wage-earner households, a new freeway system, manufacturing and living wages resulting in a healthy and growing economy.
Taxes were seen as an investment in our way of life. Since Reagan, wealth has shifted to the top 5 percent of the population. We have the unregulated financial schemes of big corporate banks, we have outsourcing, trade deficits and a huge national debt. Hear Jefferson's words: "I hope we shall ... crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government in a trial of strength, and bid defiance to the laws of our country."
The proof of these failed policies is all around us - wake up!