Think how much benefit could be given to feed the hungry, house the homeless and help the middle class if only the uberwealthy lost just some of their tax breaks.
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Our country’s issue is not with the number of billionaires. The issue is with how it seems every system in our country is slanted toward benefiting the wealthy.
Rich and in trouble with the pesky law? No problem, nothing will happen to you; we’ll see to it. Want to pay a lower tax rate than your secretary? We’ve got you covered, and with the “Big Beautiful Bill” we’ll make certain you get to keep your tax breaks on jets and yachts. Need medical care? Step to the front of the line. And because our billionaire friends are paying good money to control our political reps, hey, they can keep enjoying the uneven playing field they have!
How can someone who thinks he invented the word “groceries” even begin to understand what life is like for people who go out and fill their own grocery bags? How can those so out of touch with people who don’t live in mansions or fly private jets or have concierge doctors begin to understand the challenges and concerns of the hoi polloi? How can we have a democracy “for the people” when the efforts afoot by the billionaires in charge are focused solely on how to claim more and more for themselves?
The income disparity we have leads to unhealthy results such as corporate ownership of neighborhoods that locks out homebuyers. Further, such a concentration of riches limits salary growth, as more control over wages is controlled by fewer leaders.
Taxes should be increased on the richest in our country. Stop displaying charts showing how much the wealthy pay overall. Show charts regularly of how much they pay as a percentage of their wealth. Stop allowing tax breaks for luxury items: If you can afford a jet, you can pay a lot of taxes on it. And, just as important, strip out the tax breaks for corporations that lead to an effective tax rate of zero.
Think how much benefit could be given to feed the hungry, house the homeless and help the middle class if only the uberwealthy lost just some of the tax breaks baked into the tomes of the federal taxes. Again, how about a level playing field?
— Diane Fox, East Point, Georgia
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