We’re being betrayed. The main purpose of the tax bill is to slash corporate taxes from 35% to 20%. Bottom line is that for every $60,000 in profits, corporations get to hide an extra $9000 in off shore accounts. Meanwhile, a hard working Montana family making $60,000 keeps a paltry $1,182 more. Why should corporations be given a huge tax break? At a Wall Street Journal meeting in mid-November a majority of CEOs admitted they won’t spend their new found gains creating jobs or increasing salaries.
I suggest “bubble up”. Give the middle class meaningful tax relief to spend on the goods corporations make. Employ workers to rebuild our crumbling roads and bridges to get corporate goods to market.
This bill is a windfall for millionaire Rep. Gianforte. He’s lying when he says the bill is good for the rest of us. So is his side kick Sen. Daines. Make sure they know that you know: they’re not representing you when they vote for this tax bill.
Pat Tucker
Hamilton