Letter: Tax plan problems

Thursday, December 07, 2017
Tax plan problems

We are at a critical stage of the Republican tax bill, which narrowly passed the Senate, 51-49, in a late-night session.

Here are the problems with the new tax proposal: It gives massive tax cuts to special interest groups, corporations and the wealthiest 1 percent.

If passed, it will also add $1.4 trillion to the federal deficit, which will be used as an excuse to make cuts to Medicaid, Medicare and Social Security, and it repeals the Affordable Care Act mandate that requires nearly all Americans to carry health insurance. Meaning, a lot more Americans would not have access to affordable health care.

While Trump described himself as a champion of the middle class on the campaign trail, there is nothing for the middle class in this new tax bill. Fortunately, the House and the Senate still have time to reconcile their two separate bills. Why give corporations and the richest 1 percent these tax cuts when we could use that money to address the opioid crisis, aging infrastructure and homelessness.

I strongly urge the House and Senate to compromise on a tax plan that addresses these problems and does not add another $1.4 trillion in debt to our growing debt crisis.