It never ceases to amaze me how misinformed some letter-writers are. The writers of “We must continue to Build Back Better” (Aug. 30, TribLIVE) and “Corporations, wealthy should pay fair share” (Aug. 14, TribLIVE) complained about high income earners and corporations not paying their fair share. The truth is the top 1% typically pay 38.5 % in income taxes, while the bottom 47% pay only 3%.

Those making $25,000 to $100,000 saw the largest percentage decreases in taxes paid. And families making less than $75,000 usually pay no taxes. Where is their fair share?

True, some corporations pay no taxes, but the 2017 tax cut has little to do with it. Pre-2017 tax laws allow corporations to pay no taxes. The corporate tax reductions did not “trickle down” as much as estimated, but they cause some increases in investment, job creation and higher pay. 2020 started off continuing these increases until covid hit.

Both writers blame Republicans for not supporting the vaccine, stimulus checks and BBB legislation. What they seem to forget is the vaccine was developed, and stimulus checks were issued, under a Republican administration. President Biden claims only the rich will pay for BBB. The truth is there are not enough high income earners to pay for BBB, and the lower and middle earners will be impacted the most. Raising corporate taxes will cause prices to rise and depress job and wage increases. Companies will pass the increased taxes onto consumers. In fact utilities mustpass on these costs. Who do you think that will impact the most?

Tom Cerra

Latrobe

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