Responsible Fiscal Policy – No Tax Cuts Amid Rising Debt
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I am writing to urge you to oppose any efforts to lower federal taxes at a time when our national debt continues to grow at an unsustainable rate. Cutting taxes while running historic deficits is fiscally irresponsible and puts our economy, national security, and future generations at significant risk. Instead, we need policies that strengthen revenue streams, including implementing a minimum corporate tax to ensure that the wealthiest companies pay their fair share.
Lowering federal taxes now, particularly for the wealthy and corporations, will not spur sustainable economic growth. History has shown that tax cuts without corresponding spending reductions only add to our debt burden, forcing the government to borrow more and increasing interest payments that consume an ever-growing share of our budget. As global economic uncertainty rises, reckless tax cuts leave us unprepared to respond to crises, whether they be military conflicts, natural disasters, or financial downturns.
Furthermore, it is unacceptable that some of the largest and most profitable corporations in the U.S. pay little to no federal income tax. A minimum corporate tax would ensure that all businesses contribute fairly to the nation that provides them with infrastructure, security, and a skilled workforce. When corporations avoid taxes, the burden shifts to working Americans, exacerbating economic inequality and reducing the government’s ability to invest in critical programs like education, healthcare, and infrastructure.
Congress must take a responsible approach to fiscal policy by prioritizing deficit reduction, ensuring corporations pay their fair share, and resisting shortsighted tax cuts that would only deepen our economic vulnerabilities. I urge you to stand for fiscal responsibility and long-term economic stability.
Thank you for your time, and I look forward to your action.
▶ Created on February 7, 2025 by Americans for Stable Government and Rule of Law