Obama’s Plan to Raise Taxes on the Rich

To the Editor:

Re “President’s Plan on Deficit Mixes Cuts and Taxes” (front page, Sept. 19):

Republicans like Representative Paul D. Ryan of Wisconsin have branded President Obama’s proposal to have the wealthy pay modestly more in federal income taxes “class warfare.” But what are Republicans willing to ask of the affluent to help resolve our fiscal problems?

I can’t come up with one thing. Not one.

When Mr. Ryan and his colleagues say we face fiscal collapse and ask sacrifice of everyone except those who make the most and have the most, that is class warfare. And it’s being waged by his own party.

DANIEL A. SIMON
New York, Sept. 20, 2011

To the Editor:

Should we increase taxes during a recession? Probably not, but are we in a recession? That depends on which economy we are looking at, because we have two now.

The upstairs economy is flying high. Wealth is piling upon wealth, and luxury goods are flying out of the boutiques.

But the economy down here is seriously hemorrhaging, and needs help badly. Our course should be clear: Increase taxes on the upstairs economy, and cut taxes downstairs.

ALLAN R. SHICKMAN
St. Louis, Sept. 20, 2011

To the Editor:

Re “Obama Confirms New Hard Stand With Debt Relief” (front page, Sept. 20):

Just once, I’d like to hear an honest discussion of taxes.

Just once, I’d like a Democrat to acknowledge that there is a progressive income tax in this country, and that many of the so-called rich pay the highest marginal rate every year.

I’d also like to hear an admission that a shockingly large number of the middle class pay little or nothing.

Just once, I’d like to hear a Republican acknowledge that the tax code is riddled with corporate and individual tax breaks that make no sense, and that the favored treatment for hedge fund profits and carried interest is nothing short of outrageous.

Just once, I’d like to hear any politician call for simplification of the tax code and really mean it. I’d like an admission that the impenetrable mass of current tax law is a paean to lobbyists, and guaranteed job security for an army of lawyers, accountants and Internal Revenue Service bureaucrats.

Just one time.

CHUCK OKOSKY
Saratoga Springs, N.Y., Sept. 20, 2011

To the Editor:

Speaker John A. Boehner’s response to President Obama’s speech typifies the disconnect between the reality I and many of my friends inhabit and the land where corporations get welfare without waiting in a single line.

Mr. Boehner referred to “this administration’s insistence on raising taxes on job creators.” Job creators? Those of us who pay attention to the monthly unemployment reports would beg to differ.

President Obama has finally shown some of the leadership and spark that captured the imagination of the American public. His comment “This is not class warfare. It’s math” resonates with the strength he displayed in his run for the presidency. Welcome back, Mr. President. We’ve missed you sorely.

GRETCHEN S. ADAMEK
East Hartford, Conn., Sept. 20, 2011

Article source: http://www.nytimes.com/2011/09/21/opinion/obamas-plan-to-raise-taxes-on-the-rich.html?partner=rssnyt&emc=rss

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