Tax legislation at stake in November
Published 10:49 am Friday, June 1, 2018
Campign season is already in full swing for November’s midterm elections, reminding us there is a lot at stake this year. Consider the Tax Cuts and Jobs Act, for example.
House Minority Leader Nancy Pelosi, D-California, said her first priority, if the Democrats take over the House, will be to repeal the middle-class tax cuts that Republicans passed last year. In fact, Democrats introduced a bill this week with that exact goal.
Since the Tax Cuts and Jobs Act was signed into law, the economic benefits have been incredible. Unemployment is at a modern historic low and economic growth is expected to hit 3.3 percent this year.
Considering the clear success of these tax cuts, why are Democrats so eager to take them away?
Jim Burgess
Columbus