Kara Masciangelo and Jame McAndrews, of the New York Fed, have unearthed a 1765 letter to the editor of theNew-York Gazette. It reads in part:
Some Individuals of our Countrymen, by the Smiles of Providence or some other Means, are enabled to roll in their four–wheel’d Carriages, and can support the Expence of good Houses, rich Furniture, and Luxurious Living. But, is it equitable that 99, or rather 999 should suffer for the Extravagance or Grandeur of one? Especially when it is consider’d, that Men frequently owe their Wealth to the Impoverishment of their Neighbours; so that it would be most unjust to suppose a People generally to be rich because some wealthy Men live among them.
Recently a bill was introduced in the senate that would require the wealthiest Americans to pay their fair share of taxes, the bill would also eliminate tax loopholes for big businesses. It’s no surprise that our senators (many of them in the top 1 percent) didn’t pass this bill. Here is a list of senators that voted against the bill and how you can contact them. Please write at least a few of these senators everyday, and hopefully we can get this bill re-introduced and passed. Remember that you have to be the change you wish to see so you can’t sit there and expect other people to write these senators it has to be YOU that does it. Here is the letter that I sent to every senator:
Hello, I am emailing you because recently a bill was introduced that would require some of the wealthiest American citizens to pay their fair share of taxes. Those funds could be used to pay down some of the federal debt, and could be used for education, or helping our homeless veterans, or any number of good causes which is why I believe you should re-consider your vote on this bill. I can not understand why anyone would oppose making some of the most fortunate Americans help some of the most unfortunate Americans, or at the very least make these Americans pay a little more than the average citizen.
now, here is a list of the contact information for all senators who voted against this bill:
Tonight, Senate Republicans voted to block the Buffett Rule, choosing once again to protect tax breaks for the wealthiest few Americans at the expense of the middle class.
The Buffett Rule is common sense. At a time when we have significant deficits to close and serious investments to make to strengthen our economy, we simply cannot afford to keep spending money on tax cuts that the wealthiest Americans don’t need and didn’t ask for. But it’s also about basic fairness—it’s just plain wrong that millions of middle-class Americans pay a higher share of their income in taxes than some millionaires and billionaires.
One of the fundamental challenges of our time is building an economy where everyone gets a fair shot, everyone does their fair share, and everyone plays by the same rules. And I will continue to push Congress to take steps to not only restore economic security for the middle class and those trying to reach the middle class, but also to create an economy that’s built to last.
|—||President Obama in a statement on today’s vote (via barackobama)|
It sounds like your family doesn’t understand the occupy message. You should ask them if they want a federal government that represents the people or one that represents big business. You should ask them if they want the roads and bridges that they drive on to erode, and an education system that gets worse every year while the top 1 percent of America pays almost less then they ever have so we have no money to finance anything except for the military, and you should ask them if they want to work and you should ask them if they want to continue giving up more money while the top income brackets gain more money (likely as a result of their work.) You should show them this : http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph