Letter: Taxes and the national debt
In reply to Warren Crackel, you write about the Supreme Court justices and reaffirming the freedom of speech by corporations. The law that was struck down was the law that limited the rights of corporations to make contributions to a federal candidate within 30 days of a primary or caucus or 60 days of a general election, and prohibiting any such ad paid for by a corporation. This law was a clear violation of the First Amendment, as it not only limited the rights of for-profit corporations as well as nonprofit corporations such as MCCL, NRA, labor unions and others.
The law was authored by Sens. John McCain (R-Ariz.) and Russell Feingold (D-Wis.) and was signed into law by President George W. Bush in 2002 with some reservations as to the constitutionality of the law. So trying to put all the blame on the conservatives for overturning this is not telling the whole story. This law was written and passed with cooperation from both sides of the aisle.
You are blasting corporate America, the same corporations that pay taxes when they make a profit, that hire people who pay income taxes and give them benefits such as health insurance. All of which help our economy grow, taxes that are needed for the necessary operation of our federal, state and local governments.
As for the national debt, it has grown by nearly $1 trillion with the passage of the stimulus bill, Obamacare, even with the shell game that the liberals played with the Congressional Budget Office, will add another trillion-plus-plus-plus, over the next 10 years.