No justification for it

The proposed tax reform is a bad deal. Especially bad is the estate tax giveaway at taxpayers’ expense to 11,000 of our wealthiest U.S. citizens’ families. Why should the rest of us borrow money from China or Japan to unnecessarily increase our deficit? With interest, $1.5 trillion to pay for this tax bill will balloon to $2.3 trillion.

We are not in a recession now and do not need to “stimulate” the economy and risk excessive inflation. If you remove all of the tax loopholes and propose a revenue-neutral plan, I am all for it.

This proposal, using the CBO score, is projected to eliminate over 93,000 Arkansas citizens’ ability to afford health care. Nationwide it is projected to cut $4 trillion in Social Security and Medicare just as the number of retirees is reaching an all-time peak. This is done through paygo, which creates automatic future spending cuts.

Giving a trillion dollars to corporations with no guarantee of jobs is irresponsible. The University of Chicago released a study on the proposed tax bills last week and concluded the bills will not grow the economy. The study went on to show that it will greatly increase the deficit.

Arkansas does have the need for improved infrastructure. Many roads and bridges need repair. Investing in infrastructure will create over 4,000 jobs here in Arkansas. There is no justification for this bad legislation. JANET McADAMS

Hot Springs