Let Them Eat Cake! Tax Reform for the Rich

This picture really says it all. Here is the secretary of the treasury, the former head of Goldman Sachs and hedge fund founder, impressing his Marie-Antoinette of a wife with his signature on the new dollar bill.

This right at the time when a new tax law has just been passed that will ultimately benefit……the wealthy! And giant corporations, of course. Wall Street and the capitalists are laughing all the way to the bank. This tax overhaul will…

…give corporations and the very wealthy trillions of dollars in tax cuts, driving up the deficit and setting the stage for a massive assault on basic social programs such as Medicare and Social Security. (WSWS)

Read in WSWS

Image by Associated Press

 

About Barbara MacLean

Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.

View all posts by Barbara MacLean →

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