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Time to restore wealth to the middle class

September 22, 2012
Cape Coral Daily Breeze

To the editor:

The President's proposal to raise the income tax rates on individuals earning more than $200,000 on joint incomes is being called a redistribution of income. The word redistribution means to reallocate in a different way. It, however, is thought by some to change from what always was. Those individuals are unaware of the tax rates paid from the end of World War II up to 1981. It would be better understood historically if the word restore or return were used instead of redistribution.

What has happened over the past several decades has been the progressively increasing influence of money by lobbyists (private power) to promote and achieve their special interests. The increasing cost of election campaigns has made our Congress more dependent on that money.

The Supreme Court decisions negating laws limiting money in elections has increased the interests of private power. Private power's interest in commerce and taxation has not always been in our national or citizen's interest.

This unbalancing of the rational affairs of government has brought change.

One effect has caused an increasing amount of the given monies in our country to go to the top, diminished our "middle class" and increased those living in poverty. The direction of our country has been unduly influenced by lobbyists. Some argue that the test of an honest member of Congress today is when bought will he or she stay bought?

A constitutional amendment on election spending or a reversal of our Supreme Court's decision is needed.

Arnold E. Kempe

Cape Coral

 
 

 

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