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News / Opinion / Letters to the Editor

Letter: Cut deficit, raise taxes on wealthy

By Brenda Gardner, Vancouver VANCOUVER
Published: October 9, 2023, 6:00am

If Republicans are so worried about the deficit, why don’t they just claw back some of the many, many tax breaks for the wealthy they have passed every time they have had power since the days of Ronald Reagan?

The only play in their playbook is to cut taxes for the wealthy, and convince the rest of us we have to survive on the crumbs that are left. This has caused income inequality to grow steadily since Reagan initiated the thoroughly disproved “Trickle Down Theory.”

The top 1 percent are laughing all the way to the bank. Between tax breaks and weakening the IRS, the wealthy have never had it so good. In the meantime, the average person can no longer afford housing. Wages have been stagnated for decades while unions have been in decline.

It’s time to take back the middle class. That has to start with taxing the wealthy and paying living wages to those at the bottom of the pay scale. The CEO does not really deserve to earn 100 times more than the janitor.

There are plenty of resources. We just need to distribute them more equitably.

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