Pur­sue real tax re­form

Northwest Arkansas Democrat-Gazette - - VOICES -

The Repub­li­cans were un­suc­cess­ful in cut­ting taxes on those in the top tax brack­ets by re­peal­ing the Af­ford­able Care Act. Now it seems they are more openly at­tempt­ing to do so un­der the guise of “tax re­form.” The Trump Cab­i­net is crawl­ing with bil­lion­aires and ma­jor cor­po­rate ex­ec­u­tives, like Sec­re­tary of State Rex Tiller­son. A level-headed guy for sure, but if you don’t be­lieve he is more con­cerned about Exxon’s bot­tom line than he is yours or mine, you will love The Emoji Movie.

Cor­po­rate taxes should be re­duced for smaller busi­nesses and star­tups, but the global be­he­moths who pay lit­tle or no in­come taxes need real re­form. Gi­ant, highly prof­itable com­pa­nies like Ap­ple, Google and Mi­crosoft should bring their bil­lions in for­eign banks back home to re­ally make Amer­ica great again. Since when did cor­po­rate prof­its and share­holder value re­place the com­mon good as the goal of our na­tional tax pol­icy?

As in the cor­po­rate sphere, well-todo in­di­vid­u­als pay too lit­tle. To en­sure that Medi­care and So­cial Se­cu­rity are well-funded, the in­come ceil­ing on with­hold­ing for these taxes, which is now $127,200, should be re­moved on salaries above $350,000. Why should some­one mak­ing $1 mil­lion per year pay the same em­ploy­ment tax as some­one mak­ing $127,200?

Call or write your con­gress­men and sen­a­tors. Tell them to stop fa­vor­ing the Wal­tons and the Koch broth­ers and the cesspools of dark money that get them elected. Tell them to put Amer­ica first; tell them to put you first for once.

DAVID ELI COCKCROFT

Lit­tle Rock

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