Idealogy or real Tax Reform?

Sunday’s Gainesville Times published a lengthy op-ed from 9th District Congressman Doug Collins concerning the current tax reform proposal being debated in the media. Using a number of middle class examples, Representative Collins refutes much of the criticism of the plan and suggests that ideological differences rather than actual substance are the root of most criticism.

President Trump and I believe that America’s greatness comes from free people making free choices in a free market. Democrats think its greatness comes from big government. They think Rep. Nancy Pelosi and Sen. Chuck Schumer hold the keys to Gainesville’s success.

Let’s hope that the announced support of the liberal bastions of ink like the Washington Post and the New York Times doesn’t cause the no compromise caucus members to go off the reservation and kill the real possibility of Congressional accomplishment before the Christmas recess.

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GeorgiaMoJoAndrew C. PopeDave Bearse Recent comment authors
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Dave Bearse
Dave Bearse

This has little to do with the middle class, except notably than some tax breaks expiring in five years for lower middle class taxpayers whose taxes will increase, while tax cuts for the rich are permanent, natch.

Chris Collins (R-NY) on tax reform: “My donors are basically saying, ‘Get it done or don’t ever call me again.'”

Andrew C. Pope
Andrew C. Pope

Nowhere in his “lengthy op-ed” does Rep. Collins explain how the GOP is going to give us tax reform without blowing a $1.5 trillion dollar hole in the debt. For a guy that complained frequently about the defect when Obama was in office, I’m glad to see that 30 seconds in power has turned him into a complete hypocrite. The GOP wants to spend $1.5 trillion dollars and take away healthcare from working Americans to give “hard workers” like Donald Trump Jr. a massive tax cut. That’s the reality of this bill. The cuts for the middle class are hush… Read more »

GeorgiaMoJo
GeorgiaMoJo

Directionally the tax bill is OK, but if Congress really wanted to stimulate job & economic growth, it would stop taxing income at all and tax retail consumption instead. The FairTax, which has been around for years, would accomplish all of the Administration’s tax goals much more simply and effectively than what’s being proposed. The FairTax has been largely ignored by Congress, I think because it doesn’t present as much opportunity to pick winners and losers as Congress would like.

Andrew C. Pope
Andrew C. Pope

The FairTax has been largely ignored by Congress because it’s completely unworkable on a Federal level and would drastically increase the tax burden on the middle class. The current GOP plan — massive tax cuts for corporations and the super-wealthy with token, temporary cuts for the middle class — is objectively stupid. The CBO says Paul Ryan’s math doesn’t work. The JCT says Paul Ryan’s math doesn’t work. The CEOs of the corporations getting these massive tax cuts say there won’t be new jobs as a result. Economists on both sides of the aisle are saying this is a gigantic… Read more »