Letter: No-tax-hike stance dooms budget deals
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Denny Kubal
Nashville
To the editor:
Todd Young and the Republicans in Congress tout bipartisan cooperation as a way to solve the budget crisis but go on to state they won’t consider any tax increase.
How do you compromise with the Democrats when you set as a precondition you won’t even consider the Democrats’ demands? Aren’t negotiations doomed to fail under such a “my way or the highway” approach?
Young and his tea-party supporters think the best way to attack the deficit is to cut spending. The Democrats think that spending cuts should be coupled with closing loopholes, which benefit well-connected corporations. According to Citizens for Tax Justice, the 30 largest corporations earned over $160 billion last year and paid no federal income taxes. Closing these loopholes as the Democrats demand would force them to pay their fair share of taxes.
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