 These free trade flat earth policies are stupid on national security grounds as much as anything else. But their major impact has been to dismantle the American middle class and consequently put our democracy at risk itself. Chapter two, roll back the Reagan tax cuts, points out how when top income tax rates on millionaires and billionaires are above 50 percent, not only is the gap between the very rich and the working poor shrink, but the nation's economy stabilizes and grows.