14 March 2015

One Simple Way to Save American Democracy: Get Serious About Taxing the Mega-Rich

The Founding Fathers were very clear that they didn't want America to ever degenerate into an oligarchy.

By Thom Hartmann / AlterNet

At what point does great wealth held in a few hands actually harm democracy, threatening to turn a democratic republic into an oligarchy?

tThis week, Forbes Magazine released its list of the 20 richest people on the planet—and tied for number six were Charles and David Koch. Right now, it is easy to call out the billionaire brothers as a threat to our democracy (after all, they have promised to spend nearly a BILLION dollars in the 2016 election), but there are 18 other people on that list.

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