Idealogy or real Tax Reform?
Sunday’s Gainesville Times published a lengthy op-ed from 9th District Congressman Doug Collins concerning the current tax reform proposal being debated in the media. Using a number of middle class examples, Representative Collins refutes much of the criticism of the plan and suggests that ideological differences rather than actual substance are the root of most criticism.
President Trump and I believe that America’s greatness comes from free people making free choices in a free market. Democrats think its greatness comes from big government. They think Rep. Nancy Pelosi and Sen. Chuck Schumer hold the keys to Gainesville’s success.
Let’s hope that the announced support of the liberal bastions of ink like the Washington Post and the New York Times doesn’t cause the no compromise caucus members to go off the reservation and kill the real possibility of Congressional accomplishment before the Christmas recess.
About Author
IrishPat
Patrick Malone is a Business Advisor and Leadership Mentor headquartered in Blairsville, Georgia. He co-hosts Mountain Daybreak and Mountain Mornings, weekday news programs, and hosts This Week in Blairsville a weekend program on WJUL/WJRB. He is a mentor in Union County High School, serves on his church council and writes a monthly column on leadership in the animal healthcare industry.
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This has little to do with the middle class, except notably than some tax breaks expiring in five years for lower middle class taxpayers whose taxes will increase, while tax cuts for the rich are permanent, natch.
Chris Collins (R-NY) on tax reform: “My donors are basically saying, ‘Get it done or don’t ever call me again.'”
Directionally the tax bill is OK, but if Congress really wanted to stimulate job & economic growth, it would stop taxing income at all and tax retail consumption instead. The FairTax, which has been around for years, would accomplish all of the Administration’s tax goals much more simply and effectively than what’s being proposed. The FairTax has been largely ignored by Congress, I think because it doesn’t present as much opportunity to pick winners and losers as Congress would like.