Sunday, March 8, 2015

Our country's Founders said, 'Tax The Rich' if they get too Rich

http://www.alternet.org/news-amp-politics/one-simple-way-save-american-democracy-get-serious-about-taxing-mega-rich?akid=12864.294211.pNmKPw&rd=1&src=newsletter1032937&t=25

the Founders felt so strongly that oligarchy was a threat to democracy that they proposed a solution, which still holds true today: a wealth tax. To combat today's powerful oligarchy, we need a 100% tax on income over $1 billion.
Unfortunately, many Americans believe our nation was founded exclusively of, by, and for "rich white men," and that the Constitution had, as its primary purpose, the protection of the super-rich. They would have us believe that the Constitution's signers didn't really mean all that flowery talk about liberal democracy in a republican form of government.
But the signers didn't hold a candle to the wealth and power of men like the Koch brothers, and most were never “rich” in the way we think of that term today. In fact, many of the Founders themselves gave up everything, even risking (and losing) their lives, their life's savings, or losing their own homes and families to birth this nation.

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