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Edited on Wed Jul-27-11 09:22 AM by 1monster
to comment on the debt debate.
This is what I am planning to send. Comments before I hit the send button. (edited to fix typos)
July 27, 2011 Dear Senator Nelson: Tax those with the highest incomes and corporations, both who are paying less in taxes than at any other time in the last hundred years. Reduce military spending by half and bring our troops home. Leave Social Security and Medicare alone. We, the tax payers of the United States have paid into Social Security and Medicare all of our working lives. As part of wages, our employers also have paid into Social Security for all the time we have worked for them. Both Social Security and Medicare are separate items on the deductions of our pay checks. We are entitled to our Social Security and Medicare benefits because WE PAID FOR THEM! That is why they are called ENTITLEMENTS. We paid for them. They belong to us. Social Security and Medicare should NEVER be bargaining chips in the budgeting process. It does not and has not contributed to the national debt. Social Security has been paid for and currently the U.S. government owes Social Security billions if not trillions of dollars. In fact, Social Security is owed more money by the U.S. government than any other debt holder in the world. I know the spin is that Social Security is going and has been going broke for years, but the truth is that Social Security moneys have been placed into the general budget for years and obscenely used for wars, and for other nonessential garbage. More and more in this country, there is a movement to absolve the richest from any responsibilities of citizenship while they reap the benefits of the same citizenship. In 1918, the top tax rate was 77%. In 1932, the top tax rate was 63%. In 1945, the rate for those making over $200,000 was 94% and the rate stayed over 90% until 1964 when it was lowered to 77%. Today, those with the top income are sometimes paying the same rate of pay as those of the lowest taxable rate. That is unacceptable. It is time to stop the obscene wars and keep our military for what it was intended: our defense. Cut military spending in half at the least. We spend more on the military than all of the rest of the world combined. Cut military spending and raise taxes on the highest income brackets and the debt problem will not be a problem any more. Sincerely,
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