'Democrats use class warfare'

Print Article

House Republicans released their Tax Cuts and Jobs Act, lowering individual and corporate taxes on Americans.

Politicians said that cutting the corporate tax rate was necessary for "putting the United States in line with major competitor countries and encouraging greater investment here at home"; "I'm game to do it because I think it's really important for American competitiveness"; "It would be a permanent lower rate, not a holiday rate"; "It is long past time for tax reform that would lower the corporate rate."

Which politicians said this? The first quote was Obama, the second and third were Chuck Schumer, and the fourth was Nancy Pelosi. Of course they weren't talking about the current plan. They said these things in 2016 when they were sure Clinton would win the White House and Democrats would regain control of the Senate.

It was important to lower corporate taxes then because they knew it would stimulate the moribund economy and they wanted the credit for the rebound.

Nothing has changed in the last year, except that Schumer, Pelosi and other Democrats realize this good policy will now be credited to Trump instead of Clinton.

If the tax cut gets signed into law, the average American household income could increase between $4,000 and $9,000 a year in wages and salary, according to an analysis by the Council of Economic Advisers.

Democrats are using class warfare, pretending that tax cuts hurt the lower and middle classes, even when they know that's not true.

Larry Holterman

Milton

Print Article

Read More Letters to the Editor

'Let it begin in Wisconsin'

February 23, 2018 at 4:00 pm | The time is now to address gun laws. Never mind this waiting for emotions and angst to die down. How many school and mass shootings can this country endure, and still do nothing? Let it begin in Wisc...

Comments

Read More

'It's time to get something done'

February 23, 2018 at 4:00 pm | How many tragedies have to happen involving the FBI failures to follow through about information they have about persons of interest concerning these individuals and do nothing? The recent school tr...

Comments

Read More

'Act to end the slaughter'

February 23, 2018 at 4:00 pm | After the shootings of small children at Sandy Hook elementary school, congressional leaders responded, "not the time to talk about it." After the concert massacre in Las Vegas, "not the time," Af...

Comments

Read More

'At least throw them a crumb'

February 23, 2018 at 4:00 pm | I think it's sad that your sports section rarely posts scores or interviews South Beloit teams or athletes. They seem to report every time the Hononegah Indians go to the bathroom. They're a small ...

Comments

Read More

Contact Us

(608) 365-8811
149 State Street
Beloit, WI 53511

©2018 Beloit Daily News Terms of Use Privacy Policy
X