Letters to the Editor
August 16, 2013 2:54PM
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Updated: September 19, 2013 9:47AM
15 percent flat tax is
not the solution
As part of their campaign to abolish the I.R.S., senators Ted Cruz and Rand Paul are calling for a 15 percent flat tax rate for everyone.
The Republicans state that this is the only way to make the tax code fair, equal and balanced.
Going back 60 years, a 15 percent tax rate would lower taxes for the top tax bracket by over 600 percent but would only reduce the average middle class taxes by 250 percent over the same time period.
If the average tax rate were to be reduced by the same 600 percent, it would be reduced to 6 percent. If everyone received the same increases in income as those in the top tax bracket over the last 60 years, we would all be earning six figure incomes and there would be no need for a minimum wage or a jobs bill to stimulate the economy.
So much for equal.
Balance for the Republicans is when the House of Representatives eliminates the food stamp provision from the farm bill and gives billions to corporate farms.
Balance to the Republicans is when taxpayers bail out Wall Street and are left holding the bill while bankers are rewarded for the economic carnage with billions in bonuses with the same bail out money.
Balance to the Republicans is when the middle class strangles on debt while the corporations sit on record amounts of useless idle cash.
Balance to the Republicans is when one family earns more in a year than the bottom third of all income earners and refuses to pay these same people a decent and honest wage.
Fair to the Republicans is denying 30 million people healthcare without providing an alternative.
Fair to the Republicans is when the majority of people living in poverty are working people and the Republicans wont even consider an increase in the minimum wage.
Fair to the Republicans is suppressing the voting rights and civil rights of minorities to silence and control them.
Fair to the Republicans is when corporations that ship jobs overseas are given tax breaks to make it easier to ship even more jobs overseas.
Fair to the Republicans is passing a bill to give employers the option of not paying any overtime without any guarantee of any compensation of any kind.
It should be obvious by now that fair, equal and balanced to the Republicans is all one sided.
What else would you expect out of anyone that rides into political office on waves of cash, receives lavish political contributions and is later hired by the same backers into a high paying job. The deck is stacked and the one final chip that we have left to play is our right to vote and now they even want that.
Michael J. McGregor