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How can GOP support more tax cuts for the wealthy & big oil?

  • Published in Letters

To the editor,

First, as a campaign promise, let’s do away with Republican buzz phrases like “This will start a class war!”

We are already in a class war — a war that big corporations and the very wealthy have won and will continue winning unless someone changes the rules of the game.

That is what President Obama wants to do with the Buffet Tax Rule. The Buffet Tax Rule means that no millionaire should pay a lower rate than a typical middle class ...

To the editor,

First, as a campaign promise, let’s do away with Republican buzz phrases like “This will start a class war!”

We are already in a class war — a war that big corporations and the very wealthy have won and will continue winning unless someone changes the rules of the game.

That is what President Obama wants to do with the Buffet Tax Rule. The Buffet Tax Rule means that no millionaire should pay a lower rate than a typical middle class family. The rule would have the greatest affect those whose income is received from capital gains, in other words, the people who don’t have to work for a living.

How can the Republicans continue to support further tax cuts for the wealthy and big oil and corporations? The tax cuts for the rich that President Bush put into effect during his term didn’t do a darn thing when the economy collapsed. Let’s make the tax code reflect who has the ability to pay rather than the ability to avoid taxation. The place to start is by enacting the Buffett Tax Rule

Cathy Merwin

Meredith