Why not tax the rich?
Tax the rich
The Republicans want the deficit reduced by taking away benefits from the disabled, widows, senior citizens and the working poor. Why do they stand tall and say not one penny from the rich?
The rich should not be exempt from helping to reduce the deficit. A lot of them helped cause the recession with their bank and stock manipulations. They closed factories here and threwing people out of work, then moved the jobs and their ill-gotten money overseas.
In terms of percentage, the rich pay less income taxes than middle-class workers. When you take into account income taxes, the Social Security tax of 6.2 percent and Medicare tax of 1.75 percent, middle-class workers are paying upward of 20 percent. If you are retired and have a pension, you pay 25 percent on your Social Security income.
We should not let the rich sneak out of paying their fair share.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- The high cost of illegals
- State money wasted
- Happy birthday, Jesus
- Don’t forget military
- None like him
- Making life better
- Shame on ATI
- Worth the wait
- Open or give back
- Warming’s evidence clear
- ‘Affordable’? Not for him