Last night a group of extreme arrogant liberals protested outside of our office and chanted that they would not accept a tax cut for hardworking families. I know their values do not represent our district and that our hardworking families desperately need tax relief.–Rep. Tom Reed
This is a once in a generation opportunity to reshape our tax code that will bring a new wave of optimism, opportunity, and pride.–Rep. Tom Reed
David A. Graham, writing in The Atlantic, reports that “four out of five taxpayers will see their bills reduced in 2018, but few of them expect to see the cash.” This may be true in general, even if not in New York. Graham gives several possible explanations, but there is another that may be important in NY-23.
At a town hall meeting, Tom Reed reportedly asked for a show of hands on the question of whether his constituents sought a tax cut. The crowd didn’t respond as he expected–many present opposed Republican tax proposals even if they would owe less. Tom mocked this response in his political advertising, labeling his constituents as extreme arrogant liberals.
There are many reasons to disdain tax cuts, especially if they are small. Here are mine:
- I oppose large, unnecessary tax cuts for profitable corporations and wealthy individuals.
- We should be acting to reduce income disparity, not increase it. I oppose weakening estate taxes.
- I oppose adding to the deficit. When unemployment is low and business is booming, we should be reducing deficit spending.
- I oppose the use of chained CPI to defeat effective indexing for inflation.
- I oppose allowing corporations hiding profits overseas to benefit from this practice.
- I am outraged that Congress should pointedly punish “blue States.”
There is no excuse for voodoo economics–claims that lower tax rates increase revenue enough to compensate are patently false. We should avoid blaming Tom Reed even though he is a convenient goat–the problem is Republican malfeasance, not just Tom Reed’s. In case Tom Reed chooses not to run for reelection, we should have a case against Republican economic dogma.
Are we experiencing a “new wave of optimism, opportunity, and pride” yet?