Tax overhaul hurts youngsters
I’m scripting this letter en path to Anchorage from Capitol Hill. I traveled there on Friday to satisfy with our Senate workplaces concerning the tax invoice and its devastating $1.5 trillion influence on the federal finances. I introduced letters from different Alaskans, echoing considerations for our social security internet packages — people who help well being care, vitamin, and warmth for resilient, hardworking Alaskan households struggling to make ends meet. We have been advised that our fears are unfounded, that Senators Murkowski and Sullivan have the perfect pursuits of Alaskans at coronary heart. No tax breaks for these with wealth and energy can be sponsored by harming the 1 in 5 Alaskan youngsters born into poverty. And but, already immediately, Senate leaders have stated they will not fund well being care for youngsters (CHIP) as a result of we do not have the federal finances. One way or the other offering our youngsters well being care is much less necessary than serving to a billionaire fund his new yacht.
I need to consider that our senators need to do proper by all Alaskans, so here’s a message I urge them to help: No baby ought to go hungry, freeze or have an sickness go untreated with a purpose to pay for this tax reduce.
— Sara Buckingham,
Tax consumption, not labor
Tax reform — the good divide! One argument is that if I make $one hundred,000 and also you make $10,000 then I ought to pay 10 occasions as a lot tax as you. Properly, some will say no, I have to pay 20 or 30 occasions extra as a result of I can “afford” it.
One other argument goes: In the event you and I make the identical, why is it that you simply pay half what I do? Is that truthful? Some will reply sure, as a result of you haven’t any youngsters, subsequently you’ll be able to afford to pay extra.
For coverage makers, that is actually troublesome as a result of all of us have our personal self curiosity in place, and consequently we’ve got a really complicated and for my part unfair tax system — it picks winners and losers based mostly upon private philosophy of equity.
The most effective system should not have any “winners or losers” however a easy technique of producing adequate revenue to pay the price of authorities, and let the market place determine the remaining. Maybe it’s time to actually think about the Truthful Tax Proposal — a tax on consumption and never on labor.
— Jim Mallery
I maintain studying that over the subsequent couple of many years, hundreds of thousands of American jobs shall be taken by robots.
They need to begin with Congress.
I used to be disillusioned in Senator Lisa’s acceptance of the “drill in ANWR” bribe, which led to her vote…