LETTER: Government for the wealthy, by the wealthy
So a debt ceiling crisis was averted and spending cuts are in place. Why isn’t the real source of the debt being attacked?
I’m talking about the passage of the Bush and Trump tax cuts to big corporations and super wealthy Americans.
The average taxpayer — that’s me and you — are paying more and subsidizing those same groups. At the end of the Clinton administration there was a tax surplus with minimal debt. The George W. Bush administration started a war in Iraq and cut taxes at the same time. The debt soared. Then the Trump cuts helped the same corporations and the wealthy while average American had to make up the difference. Again, the debt rose dramatically.
This isn’t good government but government for the wealthy, by the wealthy.
Gary Ford
Washington