Republican tax plan is based on fallacies

The Republican tax plan lowers the corporate tax rate under the pretense of bringing jobs back to the U.S., citing that America has one of the highest corporate tax rates in the world. This doesn’t make sense. Companies don’t make their decision on where to locate solely on tax rates. They also make their decision based on cheap labor. Lowering the tax rate does little, if anything at all, to drive the economy.

America has a very strong, robust and innovative economy with millions of consumers. The market place in America is great. I doubt companies like Apple are sitting around thinking, hey let’s lower our prices so more people can afford to buy the new iPhone X.

It’s wrong to run a corporate fire sale at the expense of American consumers who can barely afford to feed their families. The average corporate federal tax rate is about 35%, which is passed down to consumers anyway. If Republicans really want to help the economy grow, they would pass a tax bill that puts more money in the hands of people who need it the most — the middle class.

William Booker

University Park, Ill.

If you haven’t recalculated your 2016 taxes using the new plan, but are reacting negatively, then you don’t know what you are talking about and just repeating the lies of the Democratic Party.

I recalculated my 2016 taxes and compared it with the actual tax return. Very happy with the result, and no, I am not rich.

Sal Maggiore

Taxes are going down. Jobs are growing at a steady pace, and the stock mar- ket is going through the roof. If the person making less than $50K or $100K a year pays less taxes, he or she has more disposable income, so be it.

We have to give proper thanks to President Obama. He righted the ship out of a horrible economy. And President Trump’s new policies are taking it to even higher levels. Kudos to both presidents and administrations!

Bryan Sackmann