Reader's View: Needed: tax policy that invests in Main Street
I'm tired of being used as an excuse for making our country more unequal. Inequality isn't good for the community I serve, and it isn't good for business.
Last December, Congress passed tax giveaways for corporations and the super rich. The package was sold as a boon for small business. It was no boon for me. Republican leaders were back at it in early October with their "2.0" proposal — another giveaway to rich donors. With overwhelming Republican support, this new round of tax cuts passed the House with pledges again that it'll help small business. Hedge funds, maybe, but not businesses like mine.
These cuts would line the pockets of rich donors instead of helping real small businesses or others who don't already have more than their fair share of the country's wealth. It's time for lawmakers to fund health care, education, and services that make communities vibrant.
Why don't lawmakers finally stand with Main Street? Politicians who care about small businesses will show it by rejecting more tax cuts for the rich and supporting communities that help small businesses thrive.
I'm a new neighborhood eye care practice which knows that fair tax policy is good for business. That's why I can't believe some Republicans in Congress passed another tax package through the House favoring the richest people in our country, including the richest 1 percent of business owners — after passing a similar tax giveaway last year.
Some politicians are now trying to use last year's tax cuts as an excuse to cut more from Social Society, Medicare and Medicaid. More tax giveaways would mean more threat to health care access, retirement, housing, and communities as a whole.
It's time for a fair tax policy that invests in Main Street — instead of taking from us.
Eric J. Bohjanen