Letter: Tax cuts for the wealthy hurt the rest of us

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Tax cuts for wealthy hurt the rest of us

Republicans in Congress are debating a package that would provide $4.5 trillion in tax cuts for large corporations and billionaires like Elon Musk and Mark Zuckerberg who have facilitated the hostile takeover of the U.S.

To pay for this largesse, they plan to cut essential programs from the social safety net, programs that allow the American public to thrive, like health care, nutrition assistance, child care and public education — their leader loves an uneducated public! According to one source, 70% of the Republicans’ tax cuts will benefit the wealthiest 5% of Americans. This will drive up costs for the rest of us. I live on my Social Security.



I contributed to Social Security throughout my work life of 50 years in order that people who retire could have decent lives afterwards, including myself! I will flounder if this money goes to a wealthy corporation or a millionaire — never mind the billionaires! Why do they even want my retirement money? I’m sure you can guess. It would make more sense to ensure the wealthy and big corporations pay their fair share in taxes. Our tax contributions are not mere expenses — they’re investments in the systems that allow us all to have decent lives.

Margaret Smith, Crozet.