Letters to the Editor

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DEBT: Republicans wage class warfare

Letter by Carl A. Anderson, Tacoma on Sep. 20, 2011 at 12:04 pm with 18 Comments »
September 20, 2011 1:39 pm

It’s about time. President Obama has forcefully stated that to tackle the debt, we must raise taxes on the wealthiest Americans and that he won’t balance the budget on the backs of senior citizens and the poor.

The Republicans, on cue, immediately cried, “class warfare.” Unfortunately they are right. However, it is the Republicans who practice class warfare against the middle class, Medicare recipients, teachers and firefighters.

It is the Republicans who slash funding to ensure the safety of the food we eat and the medicines we take.

And it is the Republicans who prevent a jobs plan that will put people back to work. It’s about time that Obama stood up and fought back.

Leave a comment Comments → 18
  1. concernedtacoma7 says:

    Hey Carl, so republicans want to eat food that will make sick, take medicine that does not cure, and watch their houses burn down? Obviously they do not.

    The debt should be tackled by us all, not a select few chosen as a target of te left because it is a good sound bite. AP factcheck out today once again shows the rich pay more than their fair share.

    Obamas temporary tax breaks will not encourage companies to hire. Only increased demand will cause a business to seek out additional labor.

  2. old_benjamin says:

    There are other options. Reform the tax law and cut waste in existing spending. Yeah, I know that’s too much like real work and won’t happen. Much easier to sock it to the rich, who then have less to spend on creating jobs. Some people never learn.

  3. “President Obama has forcefully stated that to tackle the debt, we must raise taxes on the wealthiest Americans and that he won’t balance the budget on the backs of senior citizens and the poor.”

    letter writer, you are correct that Obama is doing his damndest to raise taxes on the “wealthy” (code for anyone that make more money than you), but if you actually read the plan (admittingly I am working from the summary) it appears the your ^insert whatever you buy or service you use^ will go up dues to taxes and fees that are across the board. Even the sacred military is touched… or at least those planning to retire from the military.

    The “rich” aren’t the only ones paying this bill sweetie.

  4. On the other hand the Rpots do want to do away (reform) the Food and Drug Administration that is charged with keep our foods and drugs safe.

    Fair tax reforms:
    All income to be counted as income and subject to the same tax rates.

    Return tax rates to Reagan levels.

    End / close all deductions and tax breaks that do not apply equally to all income levels rather than the top earners only.
    (EX tax deduction for interest on primary residence only – no deductions for additional homes).

  5. xring – their is not a tax deduction on the planet earth that applies equally to all income levels.

    Take the same dedection the resulting effect will be different dependent on the tax rate when it is applied. A higher tax rate has a different effect on the deduction than a lower one.

    All tax deductions are available to all persons, you just have to mee the percentage thresholds. Medical for example is 7.5% (?) of AGI, rich or lesser means it is 7.5% of your income, is that equal enough for you?

    Also if you return the Reagan tax rates you do reallize that you are raising taxes on every wage earner in the United States don’t ya?

  6. If I pay a tax rate of 35% on my my wages then turn around and invest what is left over should I pay an additional 35% on the interest and dividends from those investments? The ignorance surrounding this arguement is mind boggeling!

  7. nanook – if you are one of the little people who just get interest off a savings account you would pay the same rate on that interest as your other income. So why should investments be different? If you work two jobs you pay the same tax on each job, why should investments be different?

    Point here is the principle you invest is not taxed again only the capital gains you make if any. Why should capital gains be different? We had the capital gains tax cuts for some years now and it hasn’t increased job growth at all. It has only increased speculation if anything.

  8. theglovesRoff says:

    There was a trillion dollar jobs bill in 09. And BHO laughed when he was questioned about the “shovel ready jobs”. Do we need to throw more money down the rat hole to help his reelection? I think not. “hope and Change” was a farce, and now the “chickens” have come home to roost…..

    And xring, I am sure you are you disgusted that fawx news (liberal media in your world) did not try to vet the candidate BHO.

  9. That trillion dollar jobs bill saved Rick Perrys state of Texas so he could grow state gov. jobs and make himself look good.

  10. code for anyone that make more money than you)

    Maybe that decoder ring you sent away for wasn’t worth the boxtops you saved up by eating a whole bunch of sugared cereal.

    There are actually very few billionaires who, like Warren Buffett, pay taxes at a rate lower than their secretaries. The “Buffett tax” wouldn’t impact a huge number of people who make more money than me (and probably even you).

  11. concernedtacoma7 says:

    Investment money has already been taxed, it has to start somewhere. Then, the corporation gets taxed on their earnings. Then, capital gains taxes that dollar again.

    And these taxes do not only affect the super wealthy. Anyone seriously planning for their financial future has money in the market. The savings account quote above showed great ignorance

  12. Why does Rick Perry get applauded for minimum wages jobs?

    Oh…and shovel this….

    From Jonah Goldberg: “What we don’t have is shovel ready government. The only impediment to shoveling is, simply, government. It is government that requires employers to jump through hoops for months to get the right paperwork. It is government that imposes costs on hiring and working. Some of those costs may be warranted, even if the delays are not. But that doesn’t change the fact that there are countless shovel ready jobs, shovel ready workers, and shovel ready shovels. What we don’t have are shovel ready bureaucrats.”

    Now, if you’d quit ranting about “illegals” working, there would be no need for the government to oversee labor. They’d turn their head, and the employers would fill the buses in Tijuana

  13. Gloves,
    And What did the liberal media fail to vet BHO?

  14. So Afret and Xring? Would you then support the elimination of the AMT? Would you support a change to the tax system to allow individuals earning over 100,000.00 to be allowed to take the same losses on their rental properties as individuals making under 100,000.00. EDUCATE yourself about our extremely progressive tax system. Fact is the “wealthy” are already paying their fair share. Buffet’s arguement is fake. The only capital gains taxes that are capped at 15% are long-term, staying with an investment for over 12 months. Obama doesn’t even understand the drop in tax revenue to the government and economy stalling a radical raise to the long term capital gains would bring. 28% of nothing is WAY less money that 15% of something. Its been proven that lower long term capital gains results in people selling their assets more often, incurring tax liability, and infusing capital into our economy. These are just talking points that ignorant liberals will pick up and run with. He is just fanning the flames of his ignorant followership. Obama is engaging in classic “class warfare”. And by the way, he considers anyone making over 200k individually, or 250k as a couple as “the wealthy” that need to pay their fair share. I fall in that category. I’m not wealthy!!! And I pay more in taxes than most of my neighbors make in gross income! And all the write-offs are progressively taken away as your income increases(whether its the elimination of child tax credits, the Alternative Minimum Tax offsetting schedule A deductions, the elimination of rental losses against your Adjusted Gross Income, the elimination of deducting private mortgage insuarnce). Fact is Obama is just a class-baiting politician trying to incite his base of ultra-liberals that cannot look at any facts!

  15. Now, if you’d quit ranting about “illegals” working, there would be no need for the government to oversee labor. They’d turn their head, and the employers would fill the buses in Tijuana

    NO regulations on business with enhanced enforcement on the illegals will lead to even more frightened labor pool that will accept even worse conditions and pay which will lead to even higher profits with no jobs for Americans. Exactly what the “ownership class” wants.

  16. PumainTacoma says:

    For all who voted for OBAMA

    Read

    HOWARD DEANS SAYS EMPLOYERS WILL CANCEL HEALTH CARE FOR ITS EMPLOYEES!!!

    http://biggovernment.com/publius/2011/09/20/howard-dean-employers-will-drop-health-coverage-under-obamacare/

  17. PumainTacoma says:

    SEIU Honcho Calls For Mass Civil Disobedience To Create & Spread Crisis Across US

    View (anarchy being promoted by unions)
    http://www.breitbart.tv/seiu-honcho-calls-for-mass-civil-disobedience-to-create-spread-crisis-across-us/

  18. “Maybe that decoder ring you sent away for wasn’t worth the boxtops you saved up by eating a whole bunch of sugared cereal.

    There are actually very few billionaires who, like Warren Buffett, pay taxes at a rate lower than their secretaries. The “Buffett tax” wouldn’t impact a huge number of people who make more money than me (and probably even you).”

    bb – WTF are you talking about…?

    You are taking what I said, out of context of course, and… beside the sugar coated dig, heck I don’t know what you are refering to…

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