More tax cuts for rich? Are we insane?
Republicans' economic prescription is always to cut taxes. They claim that, if the tax rate for high-income individuals is allowed to increase from the present 35 percent to the 39.6 percent rate that prevailed under President Bill Clinton, the result will be a loss of millions of jobs and the economy will tank.
Rep. Paul Ryan's plan would cut the highest tax rate for individuals and for corporations from 35 percent to 25 percent. If insanity is continuing to do the same thing and expecting a different result, ignoring the best available evidence is also evidence of insanity.
In 1993, Clinton raised the top marginal tax rate to 39.6 percent. This increase passed without a single Republican vote and was accompanied by the same alarmist Republican rhetoric relative to the economy and job losses.
What actually happened was that we had seven years of prosperity, 23 million new jobs and balanced budgets during three fiscal years.
George W. Bush came into office and cut taxes so, according to Republican theories, we should have expected a huge boom. What actually happened was that the deficit doubled to $10 trillion, we had the worst recession since the Great Depression and only 3 million jobs were created.
So, based on the evidence, I would argue that the top tax rate on the wealthy should be allowed to revert to the 39.6 percent rate under Clinton and that we should ignore the usual shrill Republican rhetoric.
Cutting programs and services used by the most deserving to balance the federal budget while the wealthy and the big corporations refuse to do their fair share to support the country is not only wrong but counterproductive.
It is counterproductive to propose that, in a weak economy, those who have little should have less. The less that ordinary people have to spend, the less able they are to drive the economy with their purchasing power and the weaker the economy becomes.
The United States is not out of wealth. The wealth has simply been sidetracked for the 30 years. Sidetracked by speculators posing as businessmen, sidetracked by public servants but only serve the interests of a few.
We are going to pull the wealth of this country off the sidetrack and onto the main track to Main Street, where it can benefit the ordinary yet extraordinary people who created it through their labor, through their struggle. We demand a budget that not only meets the needs of the people, but passes the test of justice.
Kentucky Alliance Against Racist and Political Repression
Traffic decision puzzling
Recently, my family and I were traveling north on U.S. 27 when traffic was brought to a stop as far back as the Jessamine County line. We discovered that the traffic had been halted for a period of 10 to 15 minutes by an off-duty police officer letting traffic out of Porter Memorial Baptist Church.
This being a major highway, it is beyond me how they can detain traffic that long.
Now, I understand them directing traffic, but blocking traffic both ways on Nicholasville Road until the parking lot is empty is ridiculous. Plus, why are the officers using the city's cars and uniforms while they do this on their own time?