I hope others will join me in urging Sens. Susan Collins and Angus King to vote against the Senate tax bill proposal. Congress has abandoned its original goal of revenue neutral tax reform. Instead it has written bills that give away now, with no thought for the welfare of future generations. It is a fact […]
Republican tax plan
Posted inLetters, sj-web
Tax proposals bad for the country
The Republican tax proposals are gifts for corporations and the wealthy. Eighty percent of the benefits will go to those two categories. The current tax rate for corporations is 35 percent. The majority actually pay about 18 percent after using deductions and loopholes. Corporations are making record profits and have record amounts of cash. Most […]
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Posted inLetters, sj-web
Tax plan would feed the rich
The current Republican tax plan is best summed up as mega-feeding for U.S. corporations and the rich, with one-half of the tax cut going to the top 1 percent; placating the middle class with tax cuts for some but not all, while eliminating several beneficial deductions and harming the middle class and poor with proposed […]
Posted inOp-Eds, sj-web
Republican tax plan an intergenerational rip-off
It is a strange time to be considering a major tax cut. The economy is healthy and in no need of fiscal stimulus. The national debt is 77 percent of gross domestic product, the highest since the aftermath of World War II, and growing. Yet Congressional Republicans hope to pass a $1.7 trillion tax overhaul […]