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Schultz: Call Rep. Hurd

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U.S. Rep. Jeff Hurd and the others who support the Big, Billionaire, Boondoggle are either unable to process math or are warriors against the poorest working Americans. Let’s give him advice to change his position.

Tax cuts for the wealthiest Americans continue the reallocation of wealth to the richest of society at the cost of increasing our national debt. It is really a simple concept. The Congressional Budget Office reviewed the proposal and found that it would result in the lowest 10% of households seeing their ability to support their family drop by 3.9%; the wealthiest would experience a 2.3% increase. That is unconscionable.

In addition, this monumental failure of reason balloons our national debt by more than $3.5 trillion, which likely insures high interest rates. It is impossible to take anyone serious who purports to care about the national debt who supports this bill. They are either lying about their position or too uniformed to be trusted with decision making. Tax increases are plus numbers, and tax cuts are negative numbers, that is as real as gravity and the sun rising in the east.



According to the Federal Reserve, the top 10% of households by wealth hold more than 2/3 of all household wealth. Since Reagan’s presidency, the share of middle-income household wealth has fallen from 32% of all wealth to 17%, as tax policies benefited the richest households. 

This bill would further the war on the working class, which requires educated citizens to object and oppose. The future of 90% of our fellow citizens calls for you to act. Rep. Hurd’s phone number is 202-225-4676.




Robert Schultz

Carbondale

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