Dear Sir:
It is abominable to me that AFTER the banks and Wall Street have been given trillions of dollars the government is now talking of belt tightening without doing anything for all of the people suffering from joblessness and foreclosures.
This is appalling. It seems that nothing will be done to assist actual people but corporations only. I am sickened by this attitude.
In order to have any credibility at all you need to take action to help actual people in this country and that means a real jobs bill with considerable funding.
I am asking you to enact a bill to tax Wall Street trading. We all pay sales tax, it’s about time the rich have to as well. Goldman Sachs, and their ilk have sucked the lifeblood from this country and it is time to go where the money is. Enact a securities trading tax of 1% on all trades, and that includes proprietary trading. This would generate large revenues. That money could be put to good use in social programs in this country like Medicare and Social Security as well as funding programs to help actual people.
Tobin tax is the answer; even Britain and the EU are considering the idea. While you’re at it try closing ALL the loopholes that allow firms like Goldman Sachs to pay nearly ZERO in income taxes and/or increase the corporate tax rate.
This system is seriously broken as all the burden is place on the people of this country and the corporations and banks reap all of the benefits.
I’ll expect to hear from you soon on this issue.
Sincerely: