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Corporate Excess

Corporate Loopholes: The Tip of the Iceberg

Marian Wright Edelman | Posted 01.04.2012 | Politics
Marian Wright Edelman

Some days it feels like America may be speeding towards a proverbial iceberg. The tip of the iceberg is the budget deficit; and the failure to invest in our human capital is the rest of the iceberg that will sink America's ship of state. But as the super committee struggles to make difficult decisions in the coming weeks to reduce the budget deficit, one of the proposals it is considering is reducing the corporate tax rate. This would be a step away from investing in human capital, and a step towards balancing the budget on the backs of our youth, who need health care and nutrition, quality education and good jobs to build a strong America. Children did not cause the budget deficit and they must not be sacrificed to help solve it.