over the past decade, the American economy has generated enormous wealth for wealth holders but, painfully, less work and less pay--fewer good-paying jobs--for workers. Average folks are having a harder time keeping up with the ever-rising costs as the rich get richer and corporate stocks soar. Our economy would surely benefit from the kind of tax reform that gives small businesses and working Americans a break, while asking the wealthiest among us to pay their fair share. ``Their share'' doesn't mean they are doing something illegal; it simply means that as wealth goes up and so much money agglomerates to the top, for the good of the society, the wealthiest should pay more. Unfortunately, the Republican Party has decided to pursue a partisan tax bill that would spin our economy even further out of whack, lavishing tax giveaways on the wealthy and corporate America, while raising taxes on millions of middle-class families over 10 years. A New York Times analysis found that next year, the House Republican tax plan would cause taxes to go up on one-third of all middle-class families. Those are families who make--I believe it is between $56,000 and $150,000. One out of three in that middle-class, upper middle-class group is going to pay more in taxes, while those at the highest end get huge breaks. By 2026, taxes would go up on nearly half of all middle- class families. I want to salute someone I almost never agree with--Senator Cruz.…
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