Open letter to Sen. Patty Murray | Federal Way letters, Feb. 11

Dear Sen. Patty Murray,

I don’t understand, just how is bankrupting the government going to stimulate the economy?

From what I have read about the Senate and House versions, this thing is a pork fest.

The private sector needs the help. Why so much spending on the government side?

Have you seen the stock market? There are capital losses, not gains. If the capital gains tax were cut to zero, it would be a revenue neutral change and money would flow back into the market, and it would save the government money because investors would not have near the losses to deduct.

Cutting the corporate income tax would do the same thing. I pulled all my money out of the market in December 2007. I didn’t like the direction it was going then. I would put my money back into the market if these two taxes were cut. As it is, my money waits on the sidelines until things improve.

I have no problem with rich corporations. I work for one (Boeing). I have also worked for a company in bankruptcy. That ain’t no fun. I would much rather work for a rich company than a poor company. I have better job security and higher pay.

Think about it…

Paul R. Stone, Federal Way