The Oklahoman

Think it through

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Democrats have proposed a plan to repeal major pieces of the just-passed tax law championed by

President Trump. The proposal would raise taxes on corporatio­ns, estates and high-income earners.

What people fail to realize is that corporatio­ns do not pay taxes. Instead, their clients and customers do in the form or increased fees and prices. If all the billionair­es in the United

States were stripped of all their assets, this would only pay for around half of our government annual national expenditur­es.

Businesses would be shut down, investment capital funds liquidated, jobs eliminated, and money to use for start-up or business expansion would be gone. What right-minded person would think this would be good for our economy or our citizens?

Mickey McVay, Oklahoma City

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