I am sure you have all seen the ad on TV promoting the “middle class” tax cut. The promoters put regular looking people in their ads to tell us that $1,233 is what the middle class needs. Unfortunately, what they don’t tell us is that is the “average” of all American households.
Additionally, they don’t tell us that the top 0.1 percent of the households will get an additional — on average — $722,510. It doesn’t take many of those refunds to see how “your” $1,233 will get reduced; in fact the middle fifth of all households stand to gain only $660, or a whopping $55 a month. Ask yourself if getting $55 more a month, while the very richest people in the country will be getting over $60,000 a month, is worth adding an additional 1.5 trillion to the nation’s debt?
Lastly, we should all remember what made America great in the first place: We shunned the aristocracy that plagued our European forefathers for centuries in favor of meritocracy. Thus when evaluating any tax plan, ask does this benefit the “old money” crowd, or the “new money, no money” crowd?
Michael Lavering, Richland