Today’s L.A.Times letter to the editor, because our voices matter. I can’t link, because true to form, the Times still has yesterday’s letters up:
re: “An Occupy manifesto,” Editorial, Dec. 4
Your Occupy manifesto is a good start. Occupy activists have ideas, some the same as yours, but have trouble reaching a consensus on priorities. To your list, I’d add single-payer healthcare.
I can’t imagine that the Occupy movement would, as you suggest, use the 1986 Reagan tax reforms as a model. Although loopholes and tax shelters rob the country of revenue, closing them would not raise enough unless we increase the top tax rates.
The Occupy movement is right that we need to tax the rich. Our economy has done much better when top marginal tax rates were high than when they were low, as they have been since the Bush tax cuts.
As one protester’s sign said, “Trickle down has made us all pee-ons.”