Thursday December 28, 2017
I strongly disagree with your Dec. 22 editorial ("Republican tax plan a good deal for most Americans") for several reasons.
One major result of this reform will be a widening of economic inequality in America, which is already a major social and political problem.
This is not just about "envy" but about the expansion of corporate power and the widening of class division to an extent that is toxic for democracy.
The tax cut is also fiscally irresponsible. The notion that the cost of this legislation - estimated at $1.46 trillion over the next 10 years - will be offset by economic growth is pure fantasy and has been repeatedly debunked by expert economists.
Finally, tucked into the same bill we find the eradication of the health insurance mandate and protections for the Arctic National Wildlife Refuge, which pose major threats to the affordability of health care and the sustainability of our environment.
That we will be forced to suffer these consequences so that the rich may get richer is a national travesty.
Republican tax bill a bad deal for most