Letter: Doing what's right goes beyond dollars - East Valley Tribune: Opinion

Letter: Doing what's right goes beyond dollars

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Posted: Friday, August 10, 2012 11:14 am | Updated: 11:48 am, Fri Aug 17, 2012.

The job creator has become the messiah in our economic doldrums. Some say we need to provide these messiahs with all sorts of economic advantages so the rest of us may have the privilege of working.

They also say we cannot raise taxes on the wealthy because, if we do, they would not have the funds to hire more employees. They could hire now if they wanted to but uncertainty in the global market makes them fearful of investing. If there is a tax increase for those making over $250,000 per year, it would only affect 3 percent of the small businesses in the United States.

Perhaps those 3 percent could take some of their income, and hire a new employee and lower their tax bracket? (That may be an incentive) Also, not all job creations are equal.

There were plenty of “small business jobs” selling low-grade mortgage-backed securities (yielding economic crash); hard selling subprime mortgages to folks who really could not afford them (housing market bust); marketing sugar-laced junk food to our children (diabetes and obesity anyone); add your own … Let’s try to think outside the BUCK$ and do what’s right.

Harvey Stone

Scottsdale

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