Federal Deficit concerns | Letter

Who wouldn’t like to see the Federal Debt shrink? The Republicans led by Kevin McCarthy have made it obvious that they are concerned as well, to the point of eliminating many of our earned benefits, which I will not mention here for lack of space. Biden, on the other hand, is trying to change that. He plans to level the playing field by causing the top earners to finally pay their fair share. His plan will lower the Federal debt by three trillion over the next five years, while maintaining our benefits. To show you the material he is working with, here are a few quickly assembled statistics. They might not be totally accurate, but these averages are very close. The top 0.1% of earners take home $3,212,486.00 per year. The top 1% earn $823,763.00 per year. The top 5% earn $342,987.00 per year. Compare these numbers to the rest of us. The bottom 90% earn $40,085.00 per year, average. The total returns filed in 2018 were 153.77 million. These numbers are as close as I could get to the current time. There is more math you can do with the numbers I have provided, but I ask you, how could anyone in their right mind vote for any party than Democratic, and Joe Biden?

Detlef Wieck,

San Juan Island