With the top 1% of the country now in possession of 30% of the wealth
of our economy, and with the federal deficit completely out of
control, it is time to let the misguided tax cuts for the wealthy
Extend ONLY Middle Class Tax Cuts Action Page:
In the first place, they did not work. We were told that they would
stimulate the economy and create jobs. They did not. All the rich did
was hoard more and more of their money.
Secondly, what really stimulates the economy is when people who are
NOT rich have money to spend on the things they need. Yet the most
heartless members of Congress propose balancing the budget on the
backs of people who cannot make ends meet as it is.
Worse yet, the Republicans are threatening to shut down the business
of Congress until their most greedy constituents, the only ones they
represent at all, get to keep their reserved seat at the pig trough.
And it is the road to utter economic collapse and disaster. The last
time distribution of wealth was so unequal was just before the Great
Depression, and we all know how that turned out.
So let the overgenerous tax cuts for the wealthy expire. Enough is
more than enough.