To the editor:
Taxes on the rich do not harm the economy. Far from it. Between 1947 and 1979, taxes on the top tier were between 70 percent and 91 percent, and the economy grew at its fastest pace. Family income increased across all tax brackets between 99 percent and 116 percent. Between 1980 and 2007, trickle-down economics destroyed the middle-class. Family income for 99 percent of earners increased at an anemic 25 percent. The top 1 percent benefitted with whopping 261 percent increase in income. (Look at connectthedotsusa.org for more facts.) Tax cuts for the rich do not deliver jobs or general prosperity. They deliver deficits by design to encourage a weakening of government.