- Levees Not War - https://www.leveesnotwar.org -

Taxing the Rich: Still a Good and Fair Idea

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Budget cutting is all the rage; a recent attempt to let the Bush-era tax cuts expire was defeated by Obama’s deal [2] with the Republican congressional leadership. (See our reaction to that regrettable deal here [3] and here [1].) In this time of (unnecessary) revenue shortfalls and budget crises, who speaks for raising taxes? We do [1]. And we’re not alone. (For example, Bill Gates Sr., a wealthy man, believes the rich should pay more [4].)

Recent letters [5] to the New York Times in response to a superficially reasonable column [6] by David Brooks spoke well about the need to raise revenues by taxing the wealthy, reducing tax breaks for the rich and for corporations [7], and, when cutting the budget, to include defense spending. (As is often the case, the best part of the paper is the Letters to the Editor.) The writers convey their views well, so we’ll say no more except to commend their good sense.

 

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[8]If you feel the same way, please write letters to the editors of your own local papers, and phone your local news stations and the news networks listed here [9] (lower page) and say so. Demand that producers present the views of proponents of fair taxation of upper-income Americans—such as the Citizens for Tax Justice [10] and the National Priorities Project [11]—rather than only presenting the arguments of “fiscally conservative” budget-slashers. Thank you.

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