LOCAL FOOTBALL SCORING UPDATES PRESENTED BY THE HUNGRY HOBO:

Letter: Nothing fair about rich paying millions more in taxes


Share
Posted Online: Dec. 11, 2012, 1:43 pm
Comment on this story | Print this story | Email this story
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



















 



Local events heading








  Today is Saturday, Sept. 20, the 263rd day of 2014. There are 102 days left in the year.

1864 -- 150 years ago: Recruits can get $500 by enlisting now. Lt Jobe has a recruiting office on Illinois Street.
1889 -- 125 years ago: Superintendent Schnitger formally inaugurated the Rock Island and Davenport Railway Line of the Holmes system by putting on four cars to start.
1914 -- 100 years ago: Wires of the defunct Union Electric Co. are being removed by city electricians.
1939 -- 75 years ago: The Bishop Hill softball team won the championship in WHB"S Mississippi Valley tournament at Douglas Park.
1964 -- 50 years ago: A boom in apartment construction has hit Rock Island, with approximately 300 units either in or near the construction stage or due for an early rezoning decision.
1989 -- 25 years ago: Members of the Bi-State Metropolitan Planning Commission are hoping to revive their push for a new $70 million four-lane bridge spanning the Mississippi River.






(More History)