As Americans continue to be badly divided over what is responsible for the country’s four year stalled economy, there are those who have stuck to one basic point of analysis that is confirmed by the IRS and the Congressional Budget Office; that the top 1% of taxpayers own or control nearly half the country’s wealth which is being invested in foreign markets to create job opportunities there, rather than in the U.S.
As they have for the past few years, MoveOn, Service Employees International Union and Coastal Progressives are holding a Tax Fairness Protest Tuesday in front of Newport City Hall calling for a return to higher tax rates on the wealthy and American corporations. The groups say many among the rich and their corporations not only pay no taxes, but actually get huge tax-incentive checks from the U.S. Treasury. These and other common themes of tax and social justice will no doubt be among talking points as protesters wave their signs in front of Newport City Hall in support for a big change in the way our government is funded, who pays and for what services.
Those with similar opinions or philosophical inclinations are invited to join with MoveOn, SEIU and CP in front of Newport City Hall, Tuesday, 4-6pm.