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According to “This Land is Their Land,” by Barbara Ehrenreich, the top 1 percent of the U.S. population holds more wealth than the bottom 90 percent of the population put together, but it is my opinion that raising taxes for the super-rich or rich is not the answer.

I think the answer lies in retooling corporate laws to keep a tiny minority of corporate employees from raiding the revenues through hundreds of millions of dollars in annual salaries and perks.

Revenue raiding through salary/perk expenses, written off prior to the profit statement, results in loss of tax revenue, the loss of health care benefits, pension benefits, and forcing jobs overseas in the attempt to pay lower wages both here and abroad.

The particulars of eliminating revenue raiding are too numerous to go into in this forum, but one example would be a law that forces corporations doing any kind of business within the U.S. to pay the equivalent of the federal minimum wage to all employees, both domestic and foreign.

Of course, that would require the reduction of hundreds of millions of dollars in annual salaries and perks for a relative handful of a corporation’s employees for the corporation’s operations to continue profitably.

Who really needs to make $300 million a year, at the expense of hundreds or thousands of other employees whose contribution to that revenue is just as valuable and necessary?

Randall Brotherton, Lewiston

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