Progressive taxes led to an expansion of the middle class in the heart of the 20th Century, but recent changes in government policies have reversed many of those conditions, argues a veteran labor journalist.
In his new book, "The Rich Don’t Always Win: The Forgotten Triumph Over Plutocracy That Created The American Middle Class, 1900-1970," author Sam Pizzigati describes conditions a century ago when the United States hosted an extremely wealthy upper class, and the gap between the very rich 1 percent compared to the rest of Americans mirrored that of today almost identically.
According to Pizzigati, 50 years later,...