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This LTTE appeared in the October 3rd issue of the LaCrosse (Wis) Tribune. It was written by James C. Harrison of LaCrosse
A recent letter to the Tribune expressed the opinion that not allowing tax cuts to continue for folks earning more than $250,000 a year was a penalty against "top producers."
That belief, of course, was a backhanded slap at regular people; that their efforts somehow don't help America. The far right as long echoed that government isn't the solution, it's the problem.
I would like to know how the hedge fund manager who earned $4.4 billion last year helped America? How did the movie star who makes $20 million for an 87-minute movie help America? How did the $15 million a year quarterback working six months a year, 30 minutes a Sunday help America?
The top 13,000 American families have more wealth than the poorest 20 million American families. In 1980 the average CEO was paid 40 times as much as the average worker, now it's over 400 times as much. A study by the Economic Policy Institute found the gap between the top 10 percent and bottomn 10 percent in terms of income was bigger in America than any other country in the world.
"If men were angels, no government would be necessary" wrote James Madison. I don't know about others, butr I haven't seen any angels lately.
Mr. Harrison knows what he's talking about.
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