Thom's blog
Have Oligarchs Finally Seized Major Control Of Our Government?
Donald Trump's tax-cut isn't just a hand-out to the rich - it's also proof that the predatory billionaire oligarchs have finally seized major control of our government.
A study out of Princeton released last year concluded that the U.S. was an oligarchy, finding that:
"A proposed policy change with low support among economically elite Americans (one-out-of-five in favour) is adopted only about 18% of the time while a proposed change with high support (four-out-of-five in favour) is adopted about 45% of the time."
If you want more proof that the oligarchs have hijacked our democracy -- look no further than Donald Trump's tax plan.
At its core, Donald Trump's tax reform plan is just another tax cut for the rich and big corporations.
This obviously makes it popular on Wall Street and with the Chamber of Commerce - but it's way out of out touch with the kind of tax reform everyday Americans want to see.
According to a recent Gallup Poll - 63 percent of Americans think rich people actually pay "too little in taxes".
Sixty-seven percent of Americans also say that big corporations pay too little in taxes.
So, if that Gallup poll is any indication, Americans actually want to see taxes raised on the rich/corporations.
But what they get instead is tax cuts for the rich/corporations.
Doesn't that speak to how fundamentally broken our democracy is?
-Thom
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