Tax bill mainly helps corporations, wealthy
Senators Barrasso and Enzi just voted to cut taxes, mainly for corporations and the very wealthy, by $1.5 trillion over the next decade.
At the same time, the Children’s Health Insurance Program, which—you guessed it—allows nine million poor children to go to the doctor, has run out of money. Congress could re-authorize the program, but it has not. Congressional Republicans will only continue funding the program if it won’t add to the national debt.
The same rules, however, do not seem to apply when it comes to giving tax cuts to corporations and the very wealthy. The White House and Congressional Republicans have told us over and over again that the tax cuts will pay for themselves; giving corporations more money will grow the economy so much that we’ll get the $1.5 trillion back. This, of course, is nonsense. No serious neutral economist believes that this will happen. The non-partisan Joint Committee on Taxation estimated yesterday that, even accounting for economic growth, the Senate bill would add one trillion dollars to the national deficit over the next decade. Congress won’t add to the national debt to give children healthcare. But it will blow a trillion-dollar sized hole our finances to aid large corporations.
Congressional Republicans are quick to point out that ordinary people will see a tax cut as well. This is generally true. But don’t be fooled—the small tax benefits you and I see will see are a mere sop; a drop in the bucket compared to the flood going to corporations. In the long term, we’ll end up paying more. When the tax plan fails to pay for itself and the government staggers under unsustainable debt, its architects will come back to slash services and tax breaks that help ordinary people. They’ll tell us that, by gosh, we really need to be fiscally responsible. It would be lovely, they will say, if we could help people go to the doctor or get a quality education. But we simply can’t afford it. Money, after all, does not grow on trees.
VAN SNOW, Cheyenne
maintain respect and gratitude
It doesn’t matter who is president of our great nation, we should remain respectful and grateful no matter who is leading us. Our forefathers would be turning in their graves if they saw what our nation has become.
If I earned enough money to attend professional football, basketball, or baseball events, I’d say the anthem with gratitude and respect just because this great nation has provided me with an income that allows me to have enough not only to pay my bills, but to entertain myself and perhaps others. If I only made enough money to make ends meet, I’d say the anthem with gratitude and respect because I am lucky enough to live in a nation that is not oppressive.
For those that make the millions or thousands above their means, they should be very respectful and grateful for living in a country that allows them that sort of income. If they feel oppressed, perhaps they should take a trip outside the United States to the Middle East, Asia, or even South America and see what oppression really is. If citizens of this great nation are feeling that this country is oppressive, then maybe they should donate some of their wealth to helping those oppressed instead of becoming role models of disrespect and ungratefulness to our youth.
Are our young people going to be our future disrespectful and ungrateful citizens of the United States? What a mess we are creating for not only the future of our youth, but we are becoming an embarrassment to the world!
Since when do we think gifts are racist and turn them back all because of a personal vendetta against a president we may not have voted for? I say personal vendetta, because no other gift in the history of the United States has been turned down and witnessed as acceptable in obvious knowledge of our youth. What are we teaching future generations with these behaviors?
We should maintain our respect and gratitude even when others are not representing it. We should want this for ourselves, our youth and the whole world to look upon as the right thing to do.