Letter: Nothing fair about rich paying millions more in taxes


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Posted Online: Dec. 11, 2012, 1:43 pm
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It isIf a person pays $1 million in taxes in a lifetime, they have more than paid "their fair share." If a person pays a million dollars in taxes in a year, regardless of what percent it is of their income, this should be rewarded. If two people go to a movie, they both pay the same amount. They both pay "their fair share."

If the leaders continue to insist on charging the rich more, then the rich will leave this country. They will put their money into some other economy and we will continue to loose jobs and status because of it.

There is over $2 trillion in American corporate money sheltered overseas that could be brought back to the U.S. by offering to tax it at 10 percent. That is an instant $200 billion for the government to waste.

It is immoral and un-American to steal money from those who work and give it to those who do not. Reach into your own pocket and not someone else's.

K. Ross Newland,
Milan

















 



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  Today is Saturday, April 19, the 109th day of 2014. There are 256 days left in the year.

1864 -- 150 years ago: Miss McCorkindale has opened millinery rooms over Gimbel's dry goods store, where she offers a choice lot of millinery goods, which she will manufacture to order.
1889 -- 125 years ago: The little South Park Presbyterian chapel celebrated it first Easter decorated with flowers for an afternoon worship service attended by a large congregation.
1914 -- 100 years ago: The Wennerberg Chorus of Augustana College has returned from a 2,000-mile tour in the Eastern states and Illinois.
1939 -- 75 years ago: Col. Charles Lindbergh has stated that he is convinced that Germany's air force is equal to the combined sky fleets of her potential European foes.
1964 -- 50 years ago: Small gas motors may be permitted on boats in the lake to be built in Loud Thunder Forest Preserve. The prospect was discussed yesterday at a meeting of the Rock Island County Forest Preserve Commission.
1989 -- 25 years ago: The annual Dispatch/Rock Island Argus Spelling Bee continues to be a family tradition. Ed Lee, an eighth-grader at John Deere Junior High School, Moline, is the 1989 spelling bee champion from among 49 top spellers in Rock Island, Henry and Mercer counties. He advances to the competition in Washington, D.C. Runnerup was Ed's sister, Susan.






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