Area lawmakers should support tax cuts, tax reform
Why should we embrace tax cuts and tax reform — because it will help our families and the businesses that employ us.
The proposed tax cuts will end the death tax, the alternative minimum tax, the marriage penalty; they will increase the child tax credits and double the standard deduction. We will still deduct home mortgage interest and charitable contributions. With a simpler tax code, we’ll spend less time and money preparing our taxes.
The proposed new tax code would lower taxes for small business and corporations, and allow full “expensing” of new business investments. Historically, these kinds of tax cuts translated into companies hiring more workers and raising wages.
Today, we have an anti-growth and complex tax code that serves special interests (through loopholes) and confiscates the earnings of hard working Americans.
Republicans campaigned on pro-growth tax reform, as a priority, last November.
Now, they can pair tax reform with spending cuts to maximize economic growth.
Call Congressmen Ryan Costello, Patrick Meehan, Lloyd Smucker and Senators Bob Casey and Pat Toomey. Ask them to support the tax reform proposal.
— Lucy Tscherne, Valley Forge Patriots — Linda Hertzog, West Chester Tea Party — Betty Dunkel-Hernon, Phoenixville, Citizens for Liberty