Why did the U.S. Congress pass a tax plan in 2017 that lowered taxes for wealthy Americans, who already profited from a favorable tax system?
An article in The Economist (“Free exchange: The ballot or the wallet, July 21, 2018) suggested that, as the rich get richer, they use their increasing wealth to tilt the political system in their favor.
With more money to pay for political campaigns, is it any surprise that a wealthy citizen might favor politicians willing to inflame voters over any issue except creating a fairer tax system?
Years ago Senator John McCain tried to interest citizens in campaign finance reform. Few voters expressed interest, and it faded away.
Nothing says we can’t revisit campaign finance reform again.