Penticton Herald

Give U.S. tax cuts a chance to work

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Dear editor: Re: David Bond’s Economic Letter column, Herald, A6, Dec. 20

Bond is very critical of the upcoming U.S. tax cuts, saying there is no evidence to support the claim that this will be good for the U.S. economy. Is he unaware that during Reagan's time tax cuts helped to improve the economy?

Why have U.S. companies taken business outside their country? To avoid the 35 per cent tax grab.

Why does is the stock market is doing so well? Cutting of regulation­s and anticipate­d tax cuts.

Criticizin­g corporate tax cuts is bizarre. It not only will bring business back to the States but it will create new jobs for the middle class. If you don't address the corporate situations with tax incentives then you are not helping the working class either.

About half of the U.S. population doesn't pay taxes and the biggest share of taxes are paid by the rich and corporatio­ns. To improve the situation of the middle class, you have to address those so that they will provide greater employment opportunit­ies.

David Bond should do some research before addressing the topic of economics. Vi Brown

Osoyoos system where Parliament has found itself required to respect certain values in the Charter, and that judges could determine whether they (the Parliament) had done so.

During the interview, Madam Justice McLachlin goes on to state: “But the fact is it (the Charter) became the law of the land. It (the Charter) became the Constituti­on, and the judiciary had no choice but to uphold that law”.

Finally, the truth is out, we do not have a Constituti­on, we are being ruled by a Charter that was shoved down the throats of Canadians by our late prime minister Pierre Elliott Trudeau back in 1982, without asking the people via a binding national referendum.

To add insult to injury, that new “law,” the Charter, our fake Constituti­on is subject to change any time and all the time, simply on the whim of a judge. Andy Thomsen Peachland

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