Tax on the rich affects us all

The current administration wants to convince people that the higher tax will affect only the rich people. When the president talks about his tax plan he never explains how it will affect the middle class and the poor people. We are aware of the trickle down affect.

That is when the rich pay more, they have two choices: Take their business to another country or pass down the added expenses to the consumer. When the big oil companies get taxed at a higher rate, rich and poor will pay the higher price. Pharmaceutical companies, food producing companies, Dairy farms will all pass their cost down to the consumer. Surely most have heard of the "Golden Rule." He with the gold rules, and that is a fact.

The president wants to get money from the rich and the poor and he has such great way of disguising it, he tells the poor that they will get a tax break but he say's nothing about the additional money that they will need to buy goods.

Silvio Pontarelli

Mount Prospect