THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Wednesday, March 29, 1995 TAG: 9503290003
SECTION: FRONT PAGE: A8 EDITION: FINAL
TYPE: Letter
LENGTH: Short : 34 lines
``First, cut the deficit'' (editorial, March 23) discusses tax cuts and refers to this as pandering to the prosperous. My understanding of tax cuts is that they stimulate the economy to higher levels of productivity and generate jobs. Instead of getting something for nothing, one gets a chance to work for it.
A tax cut will always benefit the rich. In order to get a tax cut, a person has to pay taxes. The rich pay the taxes; therefore the cut will benefit them.
A tax cut won't help the economy if we cut only the taxes of people who don't pay taxes or only small taxes. The cut is intended to pump up the economy, so it stands to reason that we have to go where the money is.
What's fair about a person paying 10 percent tax on $10,000 while another person pays 31 percent on $100,000? One person pays $1,000 in taxes while the other person pays $31,000.
And who receives the most benefits and services from the government - the guy with six kids and on welfare, or the couple that sacrificed for an education and developed an income-producing career? Should we punish people for becoming too productive?
In all fairness, whose tax should be cut?
WARREN E. BOISSELLE
Virginia Beach, March 23, 1995 by CNB