Follow us:

Northwest Voices

Seattle Times letters to the editor

August 8, 2013 at 7:02 PM

Balancing the U.S. tax code

Corporations need to pay

I really appreciated reading Deana Knutsen’s guest column on remaking the U.S. tax code without hurting health care. [“Bring balance to U.S. tax code,” Opinion, Aug. 7.]

She hits on a key question: When assessing our tax structure, what kind of legacy will we leave for future generations?

Under our current tax system, corporations in America are paying less than half of their fair share in taxes through a combination of loopholes and deferrals. While millions of families are suffering as a result of the sequestration cuts, U.S. corporations are both legally and illegally dodging their tax responsibilities.

I’m tired of seeing people in my community suffer from cuts to valuable programs that millions of kids and seniors rely on.

We deserve revenue-positive reform that prioritizes the needs of our families and communities over corporate profits.

The first step is to close tax loopholes that allow companies to stockpile their profits in offshore accounts where they pay little to no taxes. We pay our fair share; it’s time they do too.

Jeanette Wenzl, Seattle

Comments | More in Economy, Politics | Topics: coporations, revenue, Sequestration

COMMENTS

No personal attacks or insults, no hate speech, no profanity. Please keep the conversation civil and help us moderate this thread by reporting any abuse. See our Commenting FAQ.



The opinions expressed in reader comments are those of the author only, and do not reflect the opinions of The Seattle Times.


The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►
The Seattle Times

To keep reading, you need a subscription upgrade.

We hope you have enjoyed your complimentary access. For unlimited seattletimes.com access, please upgrade your digital subscription.

Call customer service at 1.800.542.0820 for assistance with your upgrade or questions about your subscriber status.

The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Activate Subscriber Account ►