Entitlements

To be fair, I do believe that ALL Americans – rich, poor, and those in between – should bear the economic burden of running this country. However, these days, one major focus appears to be on balancing the budget on the back of the middle class, e.g., reducing Medicare benefits. Not so fast. First, let us cut CORPORATE welfare. For now, here are just 2 such cuts:

1. Dividend/investment income should be taxed at the same rate as earned income. For example, people like Mitt Romney now pay at a rate of about 15%. They should be paying a much higher rate.

2. The Government should change the law so that it can negotiate drug prices with the pharmaceutical industry. Guess what, those growing drug costs are part of Medicare (Part D).
Write your Senator/Representative.

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