Ted, you bring up some very good points. Particularly that ajusting tax rates will not solve the economic situation.
But, I have to disagree that it is acceptable for people making $40-50,000 pay 12.5 percent federal taxes and those between $20-30,000 only 5.7 percent. One can barely live on $20-$30K and probably should pay no federal taxes. I guarantee you, moving that federal revenue from the low groups to the top one will cause an increase in spending for the low groups and not make a single dent in the top ones!
Anyway, what do you propose? As a writer, I expect you to suggest solutions, not just suggest generalities such as serving the public interest. Those who simply wield a machette and slash every suggestion are anarchists. A leader will come up with ideas for people to grasp and follow. What should Obama do if he were former Gov. Sanford?
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