1 min readAug 27, 2020
Not just less progressive taxation. I should have also included the huge reduction of the capital gains tax. Combined with breaking unions, flattened wage growth, good ole boys club boards and CEOs… Financial deregulation (Glass Steagall repealed), eliminating pensions forcing people to rely on the casino of Wall St for 401Ks.
There are myriad ways in which neo-liberal (Republican , Reaganomic ) policies have gutted the ability of non- wealthy to have sustainable incomes and safe retirement.