Sunday, October 13, 2024

Schuchardt’s “better approach” truly bizarre

 

Schuchardt’s “better approach” truly bizarre

My fellow Glen Ellynite Dan Schuchardt sure has a novel way of opposing fair (higher) taxation for America’s wealthiest citizens. His Chicago Tribune letter ‘Better approach to US debt’ offers a solution sure to resonate with the folks piling up massive wealth from Trump's 2017 tax cut on top of already low tax rates while the commons go without.

His solution to adequately fund critical services and infrastructure while reducing debt?

First, ask churches to donate their church building money to “help.” I can see it now….the church pastor sends a check to the government with a note saying ‘Pleases use our building money to reduce America’s $35 trillion debt.’

Second, have presidential candidates Trump and Harris roll out ads offering no solutions to funding the commons except ‘Please Mr. and Mrs. Billionaire, pony up some of your generous tax cuts to reduce America’s $35 trillion debt.’

Somehow Mr. Schuchardt ignores that Trump’s trillion dollar plus tax cut for the wealthy was a major contributor to his massive $7.8 trillion debt increase in just 4 years, the largest ever for one term. Schuchardt has no issue with the wealthiest 1% getting a tax cut of $60,000 next year with more promised if Schuchardt’s candidate prevails November 5.

Dan Schuchardt’s solution to our $35 trillion debt is to wish it away from donations. That is not a solution…it’s a delusion.

0 Comments:

Post a Comment

<< Home