Thom's blog
How To Bring Back A Middle Class
From the 1930s to the Reagan Revolution, America grew the largest and most robust middle class in history. Along with strong unions, the main driver of that was that people earning more than about $10 million in today's money confronted a top tax rate of 91% until the 60s, and 67% until Reagan came into office. That top tax rate encouraged CEOs and other wealthy people to re-invest their money in expanding their businesses and paying their employees well, rather than simply sticking it in offshore bank accounts. Bernie Sanders and Elizabeth Warren are both proposing a return to top tax rates over 50%, like most other developed countries still have, and if they're successful it will bring back the middle class and cause businesses to start investing in their people again. -Thom
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Tuesday's Daily Stack
Hour One: How to Bring Back a Middle Class
CDC Warns On Corona Virus: Not If, But When...
Event: Fri, Feb 28, 7:30pm PT: Powell's, 1005 W Burnside St., Portland.
Hour Three: Building a Strong Middle Class... How Do We Do It?
Article: " Reaganomics" (voodoo economics) by Wikipedia.
Article: " Incel" by Wikipedia.
Quote: " In Theory There Is No Difference Between Theory and Practice, While In Practice There Is" - Benjamin Brewster.
Quote: " Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration." - Abraham Lincoln.
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Wednesday on The Thom Hartmann Program, 12-3pm ET
Congressman Mark Pocan (D-WI, 2nd District) will be calling in to talk about the issues of the day and take your calls.
And, Science Revolution: Nele Marien, Forestry & Biodiversity Framework Coordinator - Friends of the Earth International, will describe how the Global Rescue Plan to Stop Mass Extinction "Hopelessly Weak and Inadequate".
Plus, what did you think of the Democratic debate last night?
And, the best of the rest of the news along with your calls right here on...
The Thom Hartmann Program, Occupying The Media 3 hours a day 5 days a week for "we the people"
And don't forget...Democracy is NOT a spectator sport...it begins with you...
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Watch & Listen to Thom
Does Sanders' Tax Plan Work? We Do The Math!
Should Democrats Unite Under Bernie Sanders?
Has Bill Barr Changed in 30 Years? (w/ Mark Karlin)
Could Trump Steal 2020 Election?
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On the Road Again
"The War on Voting: Who Stole Your Vote--and How To Get it Back" - Book Tour Is Coming...
Fri, Feb 28, 7:30pm PT: Powell's, 1005 W Burnside St., Portland.
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