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Robert Reich: Why Taxes Have to Be Raised on the Rich

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Robert Reich gives a cogent and historical perspective on Why Taxes Have to Be Raised on the Rich.

Robert Reich: The 7 biggest lies about the economy.

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The 7 biggest lies about the economy.

1. Tax cuts for the rich trickle down to everyone else. Baloney. Ronald Reagan and George W. Bush both sliced taxes on the rich and what happened? Most Americans’ wages (measured by the real median wage) began flattening under Reagan and have dropped since George W. Bush. Trickle-down economics is a cruel joke.