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Last night, during the presidential debate, in which citizens were allowed to personally ask the candidates questions, a frequent topic that arose was the topic of tax cuts. You can read and watch one of the discussions here. Most people in the audience that asked a question spoke about how they were in the middle class and wanted to know how their tax burdens would be reduced by both candidates. Both Romney and Obama agreed on lowering taxes for the middle class, however Romney believed that the taxes for the highest-income citizens would stay the same, while Obama believed that citizens earning over $250,000 should have a tax increase to help reduce the deficit. Both candidates claimed that the other's tax plan would increase the deficit. As of right now, it seems as though, according to their campaign promises, that whomever is elected society will see a break given for the middle class and potential tax raises in the higher class. So far no mention has been made as to the financial opportunities for the lower class.
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Being that there are so many people in the middle class, the topic of tax reductions is so relevant and heated that it's such a focal point in both of the candidates' arguments. Although it's unclear to us which candidate proposes the "correct" argument about diminishing the deficit, both sides are so contrasting that we form a pull to one side. I still believe that the lower class should be mentioned more often even if it is the minority. P.S. I love your blog posts they're great!
ReplyDeleteThanks Jessica! Its so true; this topic truly seems as though it has taken over this country entirely. The lower class has been almost entirely ignored in the topic which almost seems ironic.
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