"Eisenhower explained it this way: The super rich could avoid the high taxes by investing their money in things that make America stronger. If they wanted to avoid high taxes, he said they could invest in business expansions and higher employee wages. They could give a million or two to tax-exempt non-profits that feed, house, and clothe poor people of America, among other things.
"They did some of that, but the Eisenhower years generated enough taxes to launch and complete the labyrinth of interstate highways, the largest road project America had ever seen, and is needed again.
"President Trump said that the recent tax cuts would cause big business to generate more jobs. Federal sources said this week that the tax cuts didn’t bring about more employment. Businesses took the tax break money and squirreled it away or bought back their company’s stock. Greed won. America lost.
"It’s time Congress took control of this country’s economy and do what must be done to take the power away from the greedy rich guys who will never let middle class America bloom the way it did before Ronald Reagan handed the economy to the millionaires and billionaires."
(link, from 2019)