Thursday, September 16, 2010

Disingenuous is much too kind a word to describe President Obama’s spin on continuing the current tax rate. He tells us that “we” would need to give $100,000 or more to some with large incomes and that “we” would need to borrow some $700 billion to make up for the losses (“Senate GOP to oppose Obama tax plan,” Web, News, Monday). This raises the question of how we managed to pay for the reduction of President Carter’s 70 percent tax rate some 30 years ago.

How many trillions did we borrow to cover that? It is clear that the spender-in-chief continues to ignore those whose money he wants to spend on unions and government growth - and that he is attempting to convince us the federal government and not “we the people” will pay to avoid the looming tax increase.

ROBERT DUGAN

Vienna, Va.

Copyright © 2024 The Washington Times, LLC. Click here for reprint permission.

Please read our comment policy before commenting.

Click to Read More and View Comments

Click to Hide