Skip to main content

This blog is cross-posted at StewartAcuff.com

In our commitment to reduce the obscene, ugly, and dangerous inequality in our society, we have to look at tax policy - who pays what and who is able to hide their money and unpatriotically avoid paying their fair share.

Current tax policy serves to widen our awful inequality. As billionaire Warren Buffett said, his secretary pays a higher percentage of her income in taxes than he does.

We can reduce our awful inequality, strengthen our country, our economy and our families with sane, reasonable, fair tax policy.

Senator Bernie Sanders has laid out such a comprehensive, fair, sane, and patriotic tax plan (which you can read BY CLICKING HERE). I urge you to read it as soon as you can. Nothing in his plan would raise taxes on the middle class and/or working folks.

One of his most important proposals is to eliminate tax breaks for shipping jobs overseas. One way companies are incentivized to offshore our jobs is that companies take advantage of a loophole called foreign source that allows them to avoid paying taxes on goods produced overseas. That loophole MUST be closed.

In the last decade, we have lost 30% of our manufacturing jobs and over 50,000 jobs. Absolutely inexcusable!

As Warren Buffet was alluding to, the income of the rich received from the sale of stocks, bonds, and dividends are taxed at only 13% while our working income is taxed at 20-30% depending on the numbers of dependents and deductions we have.

Please stop reading right and call both your Senators and Representative and tell them to stop any cuts from Social Security, Medicare, and Medicaid at 888-659-9401 or 202-224-3121. Tell them to tax the rich!

—–

Follow @StewartAcuff on Twitter!

Connect with Stewart Acuff on Facebook!

Stewart Acuff is the former organizing Director of the AFL-CIO. Acuff has also written two books: Playing Bigger Than You Are: A Life in Organizing, and Getting America Back to Work.
Get the e-book edition of Playing Bigger Than You Are by clicking here!

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site