In the midst of the worst recession since the Great Depression, America’s middle class and working families have already paid a very heavy price in terms of lost jobs, lost homes, lost wages, and lost opportunity. The time has come to ask the wealthiest in our society and the most profitable corporations in America to help our Nation address its deficit crisis. Any deficit reduction package must include raising revenue from the wealthy and eliminating tax breaks for big oil companies.
Why is this important?
As billionaire investor Warren Buffett noted: "Our leaders have asked for 'shared sacrifice.' But when they did the asking, they spared me...and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks."