I thought I would rebut a few of the statements Bruce VanWyngarden made in his editor's note in the August 18th issue.
The question in the Republican debate was centered around federal income taxes and the wishes of some in Washington to raise them. That is exactly what Governor Rick Perry was referring to in his statement about 45 percent of Americans not paying (federal) taxes. This is very much a true statement. In fact, the top 2 percent of the "wealthiest" pay the largest portion of the federal take.
Also, when speaking of the possibility of raising the capital gains tax, please remember that these monies invested in the market have already been subjected to federal income tax before the wealthy or the "working class" American put them into their retirement account. That is a tax on top of a tax.
I don't claim to be an economist, but raising taxes, be they state, federal, county, death, capital gains, etc., seems to be an ill-advised move in America's present economic circumstance. The more money the government takes from the "wealthy" or anyone, the less they have to invest in their business or pay down personal debt. If John Kerry, Nancy Pelosi, Joe Biden, Harry Reid, et al. subscribe to Warren Buffett's way of thinking, then there is something they can do to help out. There is a link on the federal Treasury's web site that allows these people to donate their money to pay down the national debt. I can't think of a better way for them to "share in the sacrifice."
I thought this great country was founded in large part by colonists who were exhausted by overtaxation. It seems some of our elected officials have forgotten this history lesson in their bid to be reelected. Being an elected official is a privilege and an honor. It was never meant to be a career. I think Republican and Democratic officials alike should concentrate on tightening the federal budget belt, like the rest of Americans are doing, instead of taking the easy way out and increasing taxes.
Ode to the Elephants
Stephen, Lamar and Bob,
in Washington doing their job.
They voted, you bet,
to raise the debt,
like Pelosi, Reid and their Mob.
Republicans, Democrats too,
doing what's best for you.
Kicked the can down the road,
gave your grandkids the load,
but Tea Party Stephen, et tu?
Conservative liberals; who knew,
these RINOs belong in the zoo!
A few hundred billion,
why not give him two trillion,
Obama has plenty to do!
You can weep, cry or sob,
it's America's future they rob.
Hope they expected,
not to get reelected,
Stephen, Lamar and Bob.
Shedding a little light on Texas governor Rick Perry, the newest Republican to join the GOP presidential fray. Compared to Perry, George W. Bush was a raving liberal. Both play to the same base, mostly white fundamentalists and evangelical social conservatives. Perry is a hard-line anti-abortionist who wants to teach creationism in schools (that the Earth is 6,000 years old). Would kids laugh at a president like this!
By all measures, Perry's tenure as governor of Texas has been disastrous for the state. The high school dropout rate has climbed to nearly 30 percent; more than one-quarter of Texans have no health insurance; and Lone Star Staters pay some of the highest utility and homeowners' insurance rates in the country.
Do we really want to let Rick Perry do for the nation what he's done for Texas?
Nevada City, California
Memphis Flyer encourages reader response. Send mail to: Letters to the Editor, POB 1738, Memphis, TN 38101. Or send us e-mail at email@example.com. All responses must include name, address, and daytime phone number. Letters should be no longer than 250 words.