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Tax plan is lunacy
I can’t help but wonder which corporations are so deserving of permanent giant tax cuts that we are willing to risk domestic programs like Social Security, Medicare, Medicaid and health insurance in order to subsidize their corporate profits?
The bank that created fake accounts to bilk unsuspecting customers? The pharmaceutical companies that convinced doctors that opiates were harmless, non-addictive miracle drugs? The insurance companies that pay their executives multi-million dollar bonuses while raising our premiums by double-digits?
Cutting taxes while our national debt is skyrocketing is crazy, and considering reducing spending on essential government services is even crazier. If the goal of corporate tax cuts is to bring back American jobs and/or increase wages, shouldn’t tax cuts apply to corporations that show progress on these fronts, and be denied to corporations that outsource jobs while increasing executive compensation?
Republican trickle-down tax cuts haven’t worked in the past, and their new trumped-up version is worse. With Republicans in control of the House, Senate and presidency, voting for progressive Democrats might just be our only hope of stopping this lunacy.
Kerry Masters
Liberty Lake