At least 50 percent of any deficit reduction package must come from revenue raised by ending tax breaks for the wealthy and eliminating tax loopholes that benefit large, profitable corporations and Wall Street financial institutions. A sensible deficit reduction package must also include significant cuts to unnecessary and wasteful Pentagon spending.
~ Bernie Sanders, US Senate
What's Fair is Fair
This week more than 80,000 Americans, signed Senator Sander's Shared Sacrifice Letter to President Obama.
Senator Sanders urges President Obama to stand with the tens of millions of Americans struggling to survive economically.
It is time for the privileged and moneyed - comfortable millionaires and billionaires - to pitch in their fair share.
Cutting taxes while engaging in two elective wars is unprecedented. The under- and middle- classes have shouldered the burden of two unnecessary wars and beared the brunt of budget-busting, misguided nation-building. For two decades the middle class faced stagnant wages and declining economic opportunity. Sorely needed public institutions and programs are crumbling and are chronically underfunded.
Habitual focus on tax cutting has DONE NOTHING to create economic opportunity. The benefit of whatever economic growth the US has seen in the past decade has been skewed to the wealthy.
There is a war going on in this country...I am talking about a war being waged by some of the wealthiest and most powerful people in this country against the working families of the United States of America, against the disappearing and shrinking middle class of our country.More Tax Revenue
~ Bernie Sanders
We are done with tax cutting. The tax cut mantra is destroying us.
It is time to increase tax revenue. Closing corporate tax loopholes is NOT too much to ask. Fair-minded legislation requiring the top 1-2% to pay some extra tax cheddar at tax time is NOT too much to ask.
He can have no right to the benefits of society who will not pay his club towards the support of it.Lets demand shared and equitable contributions from the economically privileged.
~Benjamin Franklin
Shared sacrifice will prove to be a seminal slogan. Shared sacrifice sounds about right.
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