The horrible disaster of Hurricane Harvey demands direct and massive federal action, including tens of billions of dollars to rebuild ravaged Houston, the fourth largest city in America, as well as nearby areas that have been devastated.
The idea that charity and local efforts will be enough is preposterous, and Congress must do whatever needs to be done.
It is time for wealthier Americans to do their part, after having gained massive tax cuts under Ronald Reagan and George W. Bush.
Instead of tax cuts once again, which Donald Trump wants for the wealthy, they must have their taxes increased dramatically, as they were in World War II, and also the higher rates under Dwight D. Eisenhower in the 1950s and Richard Nixon in the 1970s, both Republican Presidents.
They can complain all they wish, as that is the American tradition, but they have been very fortunate, and already own the vast majority of the nation’s assets, and it is now their responsibility to do their part, and to thank the nation for their good fortune, also accentuated by the tax cuts in the 1980s and 2000s that greatly distorted the class system in America, and made this nation more stratified than Great Britain.
And corporations must pay the taxes they are responsible for, instead of lobbying constantly for special treatment.
Unfortunately, with a GOP Congress, they may not come through for Houston and Southeast Texas, and if they do not, that is the campaign issue for the Democrats in the midterm Congressional elections of 2018 and the Presidential and Congressional elections of 2020, including on the state level.