Former Secretary of Labor, Robert Reich, says that in order to fix the country’s deficit problem, we must increase taxes on the rich. Economist Antony Davies, on the other hand, claims that taxing the rich won’t fix the deficit because the real issue is government spending. Should we increase taxes on the wealthy or should we cut government spending? You decide.
Watch the conversation with Antony Davies in which he responded to Robert Reich’s claim that taxing the rich would fix our nation’s fiscal troubles.