Dear Mr President,
While many of us disagree on ideology and values, we agree on practical things like obeying the constitution and not letting big corporations and the wealthy run everything.
When you passed your tax bill you promised our paychecks would rise by an average of $4,000 but we never got the raise. Our employers used the tax savings to buy back their shares of stock and give themselves raises instead.
Then you fooled us into thinking we were getting a cut by lowering the amounts withheld from our 2018 paychecks. We know that now because we’re getting smaller tax refunds.
At the same time, many big corporations aren’t paying a dime in taxes. Worse yet, they’re getting refunds.
For example, GM is paying zilch and claiming a $104m refund on $11.8bn of profits. Amazon is paying no taxes and claiming a $129m refund on profits of $11.2bn. (This is after New York offered it $3bn to put its second headquarters there.)
They aren’t breaking any tax laws or regulations. That’s because they made the tax laws and regulations. You gave them a free hand.
You’re supposed to be working for us, not for giant corporations. But they’re doing better than ever, as are their top executives and biggest investors. Yet nothing has trickled down. We’re getting shafted.
Which is why more than 75% of us (including 45% who call ourselves Republicans) support Alexandria Ocasio-Cortez’s proposed 70% tax on dollars earned in excess of $10m a year.
And over 60% of us support Elizabeth Warren’s proposed 2% annual tax on households with a net worth of $50m or more.
You’ve also shown you don’t have a clue about healthcare. You promised us something better than the Affordable Care Act but all you’ve done is whittle it back.
A big reason we gave Democrats control of the House last November was your threat to eliminate protection for people with pre-existing conditions.
Are you even aware that 70% of us now favor Medicare for all?
Most of us don’t pay much attention to national policy but we pay a lot of attention to home economics. You’ve made our own home economics worse.
We’ll give you official notice you’re fired on 3 November 2020, if not before. Until then, you can keep the house and perks, but you’re toast.