South DaCola

Taxing the rich more is the ONLY way to pull us out of this economic mess

This is a very well written letter about the importance of taxing the wealthy more;

My long years allow me to remember how our maximum federal income tax rates varied from 64 percent to 94 percent for the 50 years before President Reagan took office, including a maximum rate of 90 percent during all eight years of the Eisenhower presidency. Eisenhower defended the high tax rate by suggesting to the wealthy that “it is in your enlightened self-interest to help create a more just and humane society.” He knew that it is only through our taxes that we together build a society.

Exactly. It is like what I say about paying property taxes though I have no children, it is an investment for our society and a more educated society makes my life better.

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