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Thursday, 26 October 2017 13:07

Republican tax reform will help middle class

Written by  Staff Writer

To the editor,
Our tax system is broken. America has the fourth highest corporate tax rate in the world. Companies are leaving. People are struggling to get by.

The tax code needs to be changed and I believe the new tax code Republicans are working on can help turn things around. It will be simpler and fairer. No more tax loopholes or hiring a tax accountant. Most importantly, more money in our bank accounts.

It will lower tax rates, at every level, for families. It will give job creators of all sizes lower tax rates. That is what Paul Ryan is trying to accomplish. Speaker Ryan said the new tax code will give America “more jobs, fairer taxes and bigger paychecks.” This is what our country needs to see greater economic growth.

The media continues repeating Democrat talking points that the Republican tax reform only benefits the rich. Unfortunately, social media repeats it without looking at anything but liberal publications. Forbes has a great analysis of the tax framework that shows a married couple with two kids, earning the median income, would see a $1,223 tax cut. That’s not a rich couple. That’s Middle America. This proposal will help the middle class and put more money in hard-working Americans’ pockets. We need it to pass.

The class warfare rhetoric hurts America. We need tax reform to keep businesses in Wisconsin and in America. Lower the tax rates on American businesses so that it pays to stay in America.

Mike Obershaw
town of Janesville

Local2LocalC

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