Trickle Down

To the Editor:
Let’s call it Trickle Me Once, Trickle Me Twice.  The Trumpublican tax “reform” is a simple reaffirmation of Ronald Reagan’s supply-side, trickle down economic platform that has resulted in the wealth and income disparity we have today.  It is purely magical thinking to believe that the corporate world will share its tax windfall with the average working American whose own tax “relief”, unlike that for corporations, is set to expire.  Company bonuses are nice but, unlike pay raises, they are only temporary.  In other words, future deficits will fall squarely upon public rather than corporate income and Conservatives can amplify their disparagement of federal public well-being and safety net programs such as Medicare and Social Security.  The goal seems to be to continue the transformation of America into a Banana Republic ruled by a wealthy, oligarchical elite.  All “isms” have positive and negative aspects, but coupled with the deregulation of banking and the fossil fuel extraction industries, this is Capitalism at its worst.
Robert Porath

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