The GOP has many good points, but on one it is totally unrealistic. The income tax rate on much higher incomes must be raised. A flat rate tax, proposed by some, could be fatal.
True, the federal government spends much more than it should. Expenses must be reduced. But income must also be raised. The country is bankrupt. You cannot look at what a person pays, but what he has left after payment. For example, if there is a tax assessed on the first dollar, a person earning $20,000 a year paying a 22 percent flat rate tax has $15,600 left. Difficult to support a family, if not impossible. A person earning $1 million a year paying a 22 percent flat rate tax has $780,000 left. He cannot spend it except by profligate waste. He can well afford to pay more toward government expense, and should do so.
Expenses must be curbed. Agreed. But sufficient income must also be raised. He who does not have cannot be expected to pay when he who has so much simply accrues more. The Founding Fathers admitted this. Robert and Gouverneur Morris, along with others, spent their fortunes funding the nation during the Revolution. They did not demand of the everyday farmer that he kick in his meager resources also.
So the GOP must agree to raise taxes on those who have so much, but the Democrats must also agree that every stated plea does not constitute a worthy cause for which funds must always be supplied. I would state that all Americans should quit expecting the government to remedy every alleged difficulty, as they seem to do now.
ROBERT J. STOCK