February 1, 2012 |
Clarifying a statement that quickly went viral on the Internet on Wednesday morning, Mitt Romney said he was concerned about poor Americans but was focused on the problems of the middle class in his quest for the White House. On CNN on Wednesday morning after his 14-point win in Florida Tuesday night , Romney said he was “not concerned about the very poor” because they have “a safety net there” and “if it needs repair, I'll fix it.” ( Watch video below. ) “You've got to take the whole sentence, all right?
August 10, 1997
Thanks to Robert Rosenblatt for including in his analysis ("Budget Accord Left Out the Hard Part: Medicare," July 31) a fact that many may not know: that not only senior groups but businesses are opposed to solving the Medicare crisis now rather than later. As a 70-year-old, I cannot understand the "I've got mine" attitude of some seniors, most of whom have adult children and grandchildren who will bear the brunt of the system's failure. Some of these folks are those who scream the loudest about family values.
June 17, 2001
Developer Geoff Palmer says that if city law forces him to include affordable rental units in his proposed downtown Los Angeles luxury apartment complex, the Visconti, he will not build at all ["Apartments Have Some Up in Arms," June 12]. What greedy petulance! I've seen Palmer's recent project, the Medici apartments, and now I understand why he built it as a near-impregnable fortress: Because he has no interest in helping working-class people find decent, affordable housing, he anticipates the housing crisis in L.A. will worsen and many "less fortunates" will have to be kept segregated from the people Palmer will build for, his privileged tenants.
CALIFORNIA | LOCAL
May 29, 1989
I am writing in response to the editorial "Correction in Medicare Course" (April 25). Contrary to the editorial's report, the expected surplus from the Medicare Catastrophic surtax is due to the fact that Congress underestimated the number of middle-income retirees who will be affected by this law. Any Medicare eligible individual age 65 or older with a tax liability of only $5,400 (a taxable income of just $27,573) will be required to pay the maximum surtax of $800 in 1989.
October 23, 1988
The Board of Economists report for Oct. 9 repeatedly referred to the tax break for the rich which would be in effect if favorable long-term capital gain taxation were to return. The article neglected to point out that there was and still is the alternative minimum tax which nullifies any preferential treatment for the wealthy. A reduced long-term capital gain tax is truly a tax break for lower tax bracket taxpayers. I specialize in financial planning for moderate- to low-income people, mostly teachers.
CALIFORNIA | LOCAL
July 4, 1989
Congratulations UCLA and The Times for making the public aware ("Poverty Gap Growing in L.A., Report Finds," Part I, June 20, "The Poor Get Poorer," editorial, June 21) of what local teachers, police, social and health professionals already know. Yes, the poor are getting poorer. There's trouble in River City. Undoubtedly, Prof. Paul Ong is sincere in saying "It's very difficult for people on the Westside like myself to understand that this is going on." However, it is naive not to realize that a large percentage of the more affluent are aware but avoid, ignore or deny the plight of the working poor, except when crime enters the picture.