The economic facts of life are simple.
Fact: Approximately two-thirds of the Gross
Domestic Product is generated by Personal Consumption
Expenditures, by households.
Fact: Moderate- and low-income households spend
more than they save, whereas high-income households save more
than they spend.
Fact: During the last decade, as more and more
of the national wealth has been concentrating in fewer and
fewer, high-income households, business activity has been
stagnating, standards of living have been dropping, and debts --
both private and public -- have been increasing.
Conclusion: To revive business -- and, thus,
enrich the households and government dependent upon it for
generating revenues -- we must make the tax system more "progressive"
-- taking more from high-income households -- and put that money back into circulation, via productive
The Alternative: A return to the Dark Ages, when
trade was stymied and everyone -- rich and poor (There was no
middle class to speak of) -- suffered.