Your View: America voted to raise tax rates on wealthy
This November, Americans chose a balanced solution to the fiscal cliff, favoring restoration of upper marginal tax rates to the same levels which accompanied strong growth and balanced budgets in the 1990s under President Clinton. Over 60 percent of Americans favor a return to previous, proven top rates instead of extending the Bush tax cuts for the wealthiest, yet some in Congress want to block the clear will of the American people.
For the middle class, local, state and payroll taxes add up to a greater part of their income than they do for the wealthiest. Obstructionists to reform want to cut essential funding and raise taxes on the middle class while making sure that the top 2 percent who’ve grown much wealthier over the past decade keep their tax cuts. That’s both unfair and unwise, since keeping money in the hands of more average Americans grows economic demand.
One of the most regressive tax breaks has been the Bush roll-back of the inheritance tax, where heirs get up to $5 million of unearned income tax-free just for being born to the right parents. How do we justify telling working Americans that they have to pay more when Paris Hilton gets a tax cut? Even lottery winners have to pay taxes on their prizes. A return to fairer inheritance thresholds and rates would help to lower the deficit by over $100 billion over the next 10 years and prevent perpetuation of unearned hereditary fortunes.
Please contact your member of Congress and ask them to return estate taxes and top marginal tax rates to the sensible levels of the past instead of raising taxes on the rest of us.
HP Central officials say thanks
On behalf of the High Point Central students, staff, parents and alumni; we would like to express our sincere gratitude and appreciation to President Nido Quebin and the High Point University family. On Nov. 30, a basketball game between High Point Central High and T. Wingate Andrews was played at the Millis Center on the campus of HPU.
The High Point Central student athletes, parents, coaches, staff, and student body have not experienced the excitement that comes with home court advantage in almost two years. The opportunity for our students to experience a collegiate atmosphere and a sense of ownership and pride in their school and community was unprecedented.
We would also like to express our gratitude to Superintendent Mo Green, Guilford County Board of Education members Ed Price, Carlvena Foster, Sandra Alexander and Amos Quick for their support of the event. Thank you to the support of Regional Superintendents Wanda Legrand and Angelo Kidd.
A very special thank you to Chris Dudley, vice president and director of staff, Mike Tuttle Sr. associate athletic director for facilities and operations, Sam Phipps director of facilities and operations, Bryan Weigel director of external relations, David Kearns director of security, SRO Chris Fox and the High Point Police Department. Their extraordinary efforts to put a plan together that would ensure an atmosphere for all to enjoy made for an exciting evening of basketball.
This evening was special to our community and could not have been possible without the efforts of so many people and we thank you.
MIKE COOK, BOB CHRISTINA
Mike Cook is athletic director and Bob Christina is principal at High Point Central High School.
YOUR VIEW POLLS
Our nation grieves again in the wake of a terrible tragedy. What is your reaction to the shootings in Newtown, Conn.? Sound off about any aspect of this horrific incident. In 30 words or less (no name, address required), email us your thoughts to email@example.com. Here is one response:
• Evil and incomprehensible. If nothing can be said to truly comfort the involved, it is senseless for officials and media to make public comments. TV interviewing survivors was inconsiderate sensationalism.