Times Were Good Then
What President Obama wants is for the country to return to the tax policies of Bill Clinton. Warren Buffett and even Steve Forbes agree. Our country was prosperous, and the middle class was employed and had a hopeful outlook for the future. When Clinton left office we had no national debt, in fact Bush inherited a surplus. The argument by Republicans that raising taxes on the so called “job creators” will increase unemployment is preposterous. Paying your fair share of money you made because you live in a free economy seems to me like the right thing to do.
Following Bush’s failed “trickle down” policies and removing accountability from large corporations will take us farther down the wrong path. His tax cuts for the wealthy were the beginnings of our economic downturn.
The G.O.P. has to change in numerous ways. Continually insisting on legislature and policy which benefit only the very wealthy would be a good place to start. I personally believe that at least 60% of our tax dollars should be in the form of repayment to our country’s citizens. If all I paid taxes for in my 47 years of working was to increase defense spending or to have my tax dollars leave the country in the form of foreign aid, (including some of our enemies), then what we really need to think about is eliminating income tax entirely. We should go back to our country’s beginnings and pay taxes only to our states.
The political right was damaged badly in the election, and some are wise enough to see that they must represent all of the American people and move more to the center and away from the far right. Boehner and McConnell need to join that group. For four years Mr. Obama fought an obstructionist House of Representatives. Mr. Speaker and Mr. Minority Leader, I suggest you look carefully into the future. Obviously the voting public saw something in their crystal balls.