Your editorial "Don't let tax cuts expire" (In Our Opinion, June 3) didn't note that they go mostly to the superwealthy and are funded by borrowed money to be repaid by our children and grandchildren. Meanwhile, the president contemplates cuts in Medicare and Social Security, which were designed to help those in the bottom end of the income spectrum. The Republican Party whose first president, Abraham Lincoln, believed in government by, of, and for the people as differentiated from corporations and wealthy oligarchs has been hijacked by neocons who put their party's success above the well-being of the United States.
The only thing worse than high taxes is public debt. A way to partially solve the fiscal mess we're in is for the rich to pay FICA tax on all their income like ordinary Americans rather than only the first $90,000. Close to 95 percent of American workers never see the happy day each year when they no longer have 7.5 percent of their income deducted for Social Security tax. FICA is the only tax that specifically exempts those who need it least while requiring payment in full from those who need it most. Hard-working people have watched their incomes after inflation go down while their cost-of-living increased during the last seven years.A final point: The top one one-hundreth of 1 percent of Americans now receive 5.46 percent of all personal income in the United States.
Salt Lake City