You printed a letter from Geoff DeWitt on October 11, 2011, wherein he supported the richest 1% in the United States. While I salute Mr. DeWitt and thank him for his service to our country, he could not be more wrong. The Bush tax cuts for the rich were promised to be temporary, but Republicans in Congress now want to make them permanent. We simply can't afford this.
These tax cuts are projected to be one third to one half of our future national deficits. To pay for these tax cuts Republicans are demanding that everybody else make big sacrifices in the budget cutting process. Funding for environmental protection, consumer product safety, weather forecasting, infrastructure maintenance, education, green technology research and development, Medicare, Medicaid, etc, all would take big hits under the Republican plan to pay for these tax cuts for the rich.
Let's be honest and stop referring to this as "trickle-down" economics, but more accurately as "trickle-up" economics. The rich get so many tax breaks that, as Warren Buffet pointed out, he pays a smaller percentage in taxes than his secretary. And United States corporations get so many tax breaks that 67% of them pay no U.S. income taxes at all.
Add to this the current state of campaign finance law where corporations can make unlimited amounts of anonymous political donations and it becomes clear that there IS class warfare being conducted, by the Republicans and the rich.
The rest of us, the 99%, apparently have no say in the matter. The majority of Americans think the rich should pay more in taxes. So do the majority of self-described Republicans, and even the majority of the rich. Those in power are ignoring us.
We can't get them to listen by writing a nasty letter to the local newspaper. The only way for our voices to be heard is to protest, loudly and persistently, until our voices drown out their "tea party" and the power returns to the majority instead of a tiny minority.
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