Why won’t GOP tax the wealthy?
To the Editor:
When you start having to pay higher taxes at the gas pump, pay extra for your electric vehicle, or pay for services that used to be free, look no further than our dear United States senators, Richard Burr and Thom Tillis.
Instead of taxing corporations and the rich more to pay for their proposed “bipartisan” infrastructure plan, they are instead choosing to increase the financial burden on working-class Americans by raising gas taxes implementing an electric vehicle mileage tax, and privatizing public assets. Not to mention that by leaving climate change out of the infrastructure plan, they are essentially wasting taxpayer money because the increasing natural disasters influenced by climate change will cause untold amounts of damage to our infrastructure, especially if it’s not made to be resilient to these types of disasters.
On top of this action from our U.S. senators, our Republican state legislators’ new budget proposal also cuts taxes for corporations and only gives teachers a raise of 1.5 percent per year.
Why is the Republican Party so averse to taxing the people who can afford it the most? Is it because they’re getting kickbacks from them? Or are they just hoping that they’ll be able to pass these types of bills under peoples’ noses and when people start having to pay higher prices for things and state employees continue to receive measly pay increases, they’ll just blame Biden (which would help the Republicans)? I wouldn’t be surprised if either were true.
Whatever the case, when we look at rising income inequality in this country and the constant rise in the cost of living for ordinary Americans, the real blame lies with our Republican legislators and the corporations and wealthy 1 percent they strive to serve.
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Taxing corporations only drives up the cost of goods or services for the consumer, which becomes a tax on the poor. For instance if Walmart paid a higher tax rate, it would either raise prices, cut employees, or other services to maintain profits. The mass number of costumers of Walmart are not millionaires, so the taxes would be passed onto the consumer.
Roads have mostly been funded by a federal and state gas tax. When an electric vehicle consumes 0 gas, there has to be a funding mechanism to account for usage. This has always been an odd, playing field as those who elect to use a lower gas mileage vehicle pay more to drive the same distance as a higher MPG vehicle. For instance; I own a Nissan Versa and get 38 mpg, and can use the road 2x as much as my neighbor with a Dodge Ram getting 18-20 MPG. I can produce more wear and tear on the road, but pay half as much on taxes for usage. If we were trying to be fair, road maintenance taxation should meet road usage.
What money are you wanted diverted to climate change and solving it? In your article you say:
"Not to mention that by leaving climate change out of the infrastructure plan, they are essentially wasting taxpayer money because the increasing natural disasters influenced by climate change will cause untold amounts of damage to our infrastructure, especially if it’s not made to be resilient to these types of disasters. "
What issues are you wanting addressed? Where can you point to savings? What can be fixed?
If you had specificity in your argument, I would be inclined to listen.
I didn't think anyone this devoid of the research gene still existed! The wealthiest 10% pay 71% of federal income taxes or more, depending on the year. For the math deficient, that means that the poorest 90% only pay a combined 29% of ALL federal income tax! And the wealthier they are, the more of the share they pay.
How naïve!!! I love the hysterical part about "the rich" not paying taxes. "The rich" do pay taxes. Often times they still pay more than you on their wages even after enjoying many of the same tax loopholes you enjoy. If a taxpayer with an AGI of $1 million pays 7% tax that equates to $70,000 paid. If your AGI is $35,000 and you also pay 7% tax your tax payment is only $2,450. So, who is paying more? Yeah, let's soak the rich in taxes? ::rolls eyes:: Yes, "the rich" might have capital gains from their investments and pay tax on those gains. You might not hot have capital gains from your investments...and you don't pay tax at all. So, who is paying more?
You sound bitter and angry that your fellow Americans work hard and have been rewarded as such. Keep in mind....the "rich" pay the same gasoline tax you do. "The rich" pay the same sales tax you do. "The rich" pay the same ad valorem tax you do. Since they spend more....they pay more already.
Keep it up....you're making an excellent case for a "fair tax" and a "flat tax." Ignorance is bliss I suppose.
Thank you! Gee, why could that be? Because they write the laws to benefit themselves? Because 'taxes are for little people'? Because they're willing to hurt their fellow citizens because of greed and hubris? Ok, got it!
So much blinding ignorance in one letter.
Who pays the bulk of taxes? The rich! That is a verifiable fact.
Do corporations actually pay taxes? No. A corporation might write the check, but the money comes from revenue generated by the sale of goods and services, and is part of the price we pay. Another verifiable fact.
But it feels so good to say "tax the rich and corporations more!", doesn't it?