Politics & Government

Tax the 1 Percent Protest: Letter to the Editor

John Buchanan of North Canton will host a demonstation at Chase Bank on Tax Day April 17

Friends,

I am organizing a "Tax The 1% Protest" event on tax day from *1 p.m.-2 p.m. April 17 at , 219 N. Main St., North Canton. Chase Bank is one of the major banks that makes billions in profits annually but uses tax havens to avoid paying their fair share.

If you have seen "Inside Job," the documentary that won an Oscar in 2011, you understand how drastically the banking industry has changed since the late '70s. Both political parties have loosened regulations and those agencies that are responsible for overseeing this industry has largely ignored what has been going on.

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As a grandfather, I am very concerned for my grandchildren's welfare. We cannot continue practices which have created a financial catastrophe. We must learn from what has happened and insist that large banks become responsible institutions which are regulated and not excluded from prosecution when violations have taken place.

I have seldom done something like this but these are not ordinary times. Ordinary people must stand up and insist that our government and large institutions work for the common good for all. Clearly wealth is dominating our country with increasing economic dislocation.

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I hope you will consider joining me in a peaceful demonstration in front of the bank. I will notify the police we are doing this. I will provide you with some information. You can register for this event  at http://civic.moveon.org/event/taxthe1/129185 

Hope to see you,
John Buchanan

Editor's note: The time for this event was changed to 1 p.m.-2 p.m. April 17.


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