Jacquelyn Martin, Associated Press
Every tax-paying citizen must wonder what is going on, when we are in such a mess with the financial situation in America. I have the answer to the dilemma.
There are, we are told, 70 million citizens who pay no income tax. Well, I am one of those. So is my wife. Yes, we are both retired, and because of the federal income tax regulations, we pay no income tax. How nice that might seem, but in the meantime, our U.S.A. is going broke and in massive debt.
Everyone should pay some income tax, even if they are receiving Social Security or on a pension. Now if my wife and I were to pay even $25 per month ($300) per year, and the rest of the 70 million untaxed citizens were to do the same, it would ring in some $21 trillion ($300 times 70 million), paying off the known portion of the national debt in just one year.
Surely we who are still receiving the services and benefits of the U.S. government can do this. We owe it not only to ourselves, but to our children as well.
Verle Daniel Solt
West Valley City
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This really is low of the DN to willingly embarrass one of their readers by willfully printing a mathematical error of such magnitude. $300 times 70 million is tweinty one thousand million, or $21 billion dollars, not $21 trillion. I'm sure More..
Apparently Verle is a Republican. His solution, like all those proposed by GOP candidates, is arithmetic-impaired. Verle, you and your 70 million fellow income tax escapees would have to donate $25,000 per month to reach that pie-in-the-sky number he More..
Regan tripled the debt.
W. Bush, doubled the debt.
Obama...has done neither.
Regan raised the debt x18 times.
W. Bush, x7 times.
Obama? x4 times.
If we are going to address the More..