Tax Reform
September 27, 2017 at 6:19 p.m.
By -
While President Donald Trump and Republicans in Congress begin to tackling tax reform, our Legislators must take a serious look at U.S. Corporations who hold their profits overseas. These companies keep money in tax havens like the Cayman Islands to avoid paying U.S. Taxes. This practice is not popular with Republicans or Democrats, and yet there hasn't been a serious effort in Congress to address this issue before now.
Our President is committed to America First policies, and his plans for tax reform include closing the loopholes in our tax code that reward these corporations that are hurting the economy, to maximize their profits. By just bringing these trillions of dollars back home, tax revenue and wages would increase immediately. In the past, Democrats have been advocates for bringing the money back to the U.S. There are few issues these days that politicians on both sides of the aisle can agree on, but this is one of those rare instances.
If Congress cannot act in a bipartisan manner on an issue like this, will they ever? Democrats and Republicans need to deliver on tax reform. It is right for Kosciusko County; it is right for Indiana.
Mike Ragan
Warsaw, vie email
While President Donald Trump and Republicans in Congress begin to tackling tax reform, our Legislators must take a serious look at U.S. Corporations who hold their profits overseas. These companies keep money in tax havens like the Cayman Islands to avoid paying U.S. Taxes. This practice is not popular with Republicans or Democrats, and yet there hasn't been a serious effort in Congress to address this issue before now.
Our President is committed to America First policies, and his plans for tax reform include closing the loopholes in our tax code that reward these corporations that are hurting the economy, to maximize their profits. By just bringing these trillions of dollars back home, tax revenue and wages would increase immediately. In the past, Democrats have been advocates for bringing the money back to the U.S. There are few issues these days that politicians on both sides of the aisle can agree on, but this is one of those rare instances.
If Congress cannot act in a bipartisan manner on an issue like this, will they ever? Democrats and Republicans need to deliver on tax reform. It is right for Kosciusko County; it is right for Indiana.
Mike Ragan
Warsaw, vie email
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