This is in response to the letter Redistribution not a good policy for class grades, U.S economy (SN 10/28). As a voter, before you simply label Democratic presidential candidate Barack Obama’s proposal on tax reform as a “redistribution plan” and compare it to a plan that would give slacker students inflated GPAs, it is important to understand what exactly his tax policy would entail.
Obama’s tax strategy would cut taxes for 95 percent of working families and stop the tax breaks that the wealthiest 2 percent of our country have enjoyed for eight years. This proposed plan would remove capital gains taxes for small businesses and lower taxes for businesses that choose to create and keep jobs in the U.S. His tax plan also puts an emphasis on reducing the financial burden placed on low- and middle-income families trying to save and send their kids to college.