Sanders: Trickle-Down Economics Is a ‘Totally Fraudulent Theory’

RUSH EXCERPT:
SANDERS: "Let me make a prediction. In two minutes, senator Cruz is going to tell you if we give tax breaks to the billionaires like George W. Bush did, like Ronald Reagan did, we're going to create.  I millions of jobs and you're going to become rich. We have a trickle-down theory, and whoa, everything is good. That is a totally fraudulent theory. Here's the reality of American society today. For 40 years the middle class of this country, the great middle class has been shrinking. And what we've seen massive transfer of wealth from working families to the top 1/10 of 1%. Trillions of dollars because of cooperate greed and an unfair tax system. Now, the trump Republican tax proposal that's before us today, this proposal is being pushed by senator Cruz's campaign contributors, some of the wealthiest people in this country, by the Koch brothers who are worth $90 billion. Why are they pushing this agenda? Because 80% of the tax breaks in this proposal will go to the top 1%. In fact, 30% of the middle class will end up paying more in taxes. 40% of the tax benefits will go to the top 1/10th of 1%. This is massive tax breaks for the wealthy."