DEFICIT REDUCTION
A good step by Obama -- if he stands firm
Good for President Obama. We absolutely have to raise taxes in order to improve the economy by providing publicly funded jobs and wages ("Obama: Taxes must rise," Sept. 19).
Republicans are claiming "class warfare," but they've been fighting for the well-to-do at the expense of the working and middle classes for years. The widening income gap is evidence that they've been winning.
Labeling the wealthy, including big businesses, as "job creators" won't wash: Studies and reports show that businesses are not hiring but are sitting on their record profits bleating about economic uncertainty.
When small businesses are defined as those making less than $5 million a year, we aren't talking about the local mom-and-pop store, either.
Suggesting that Warren Buffett write a check to the government in lieu of higher taxes won't wash, either; the problem is the large number of other millionaires who prefer to build up their estates and take advantage of every loophole available.
We can only hope Obama doesn't back down on this issue in the face of right-wing Republican bullying, as he has on so many others.
SHIRLEY CAMPBELL, ST. PAUL
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