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March 11, 2012 at 4:00 PM

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Taxing the rich

We need another Buffett rule

Froma Harrop’s opinion piece “Tax the rich first,” [Opinion, March 4], was a great read to make us feel good about value-added tax.

But a VAT is class neutral, which would negatively affect low earners who are already having a hard time making ends meet in this fragile economy. It would also affect those who are unemployed and/or are on unemployment benefits. VAT is not the answer.

My point is that like Harrop said, Bush’s tax cuts for those with income $250,000 and up have been devastating for our national-fiscal standing.

We need more legislation like the “Buffett rule” because like the man who supports the bill (and who it’s named from) says “ I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.”

We are not going to get out of this rut by just cutting spending.

And just what is “class warfare” anyway?

Isn’t that just rich people in government telling themselves and other wealthy citizens to pay more taxes because they can afford it?

— Patrick Fernandez, Kent

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