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The middle class will be gone if we continue to raise taxes in the US and have social programs that we just can't afford. It will equal everyone out in a sense
by rick888 16y ago
The middle class will be gone if we continue to raise taxes in the US and have social programs that we just can't afford.
It will equal everyone out in a sense and we will be left with the really rich and the rest.
- loewenskind 16y agoAs opposed to now? I couldn't find a good article to link, but I think it's relatively common knowledge at this point that for a while now money has been flowing from the middle classes into the coffers of the rich. I recall reading that the top 1% have 4 times as much wealth as they had 30 years ago.