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Wednesday, March 23, 2005
Cutting Taxes in a Time of War
Chuck Collins of United for a Fair Economy recently came out with a new op-ed which discusses traditional war-time sacrifice, and why now -- when we are in the midst of ongoing operations in Iraq and Afghanistan -- it is not time to be cutting or scaling back the estate tax, much less other taxes. We are faced with a House and Senate which very recently passed budget blueprints prioritizing defense and homeland security above social welfare programs. Along with this, last thursday the House passed an $81.4 billion emergency supplemental bill to fund our war operations.
Collins' op-ed makes a good point about priorities and sacrifice. Wars are costly, and cutting taxes for the wealthy while increasing war spending does not show that our leaders have the best interests of our country or economy in mind. Collins' article can be read here.
Posted by Becky Lewis
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