Friday, October 21, 2011

Reponse to TEA Party letter

Don Larsen’s letter on October 6, “Look at the Facts” is really quite funny since the facts are exactly what the TEA Party can’t seem to get straight. While Larsen says he wants to keep Medicare it is his TEA Party colleagues and the legislators they have elected, like Paul Ryan, who are determined to privatize the program which would be its death knell. A voucher is no guarantee an insurance company will cover your pre-existing conditions nor is it a guarantee that the insurance company won't raise your rates due to the cost of caring for you such that the voucher no longer covers the cost.

Larsen wants to talk about taxes and who doesn’t pay them, how about this fact, last year General Electric earned $5 billion in US profits alone and paid $0 in federal income taxes and Exxon/Mobil earned $15.1 billion in profits and paid 1% in federal income taxes. Now I ask you, who do you think isn’t paying their fair share?

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