Opinion

OPED: Gardner believes tax reform plan will bring needed relief to Coloradans

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By U.S. SEN. Cory Gardner
Special to the Herald Times
RBC | Coloradans across the state are hardworking individuals who know what’s best for them, their families, and their communities. They understand that keeping more of their own money in their own pockets instead of sending it to Washington will provide them with more freedom to make their own decisions. As I travel around the state, I don’t hear Coloradans asking for Washington to take…

One Comment

  1. Bev DeVore-Wedding (aka your "favorite" commentator)
    January 2, 2018 at 2:10 pm

    From the Office of Congressional Budget: “According to CBO’s and the staff of the Joint Committee on Taxation’s (JCT) estimates, enacting H.R. 1 would reduce revenues by about $1,649 billion and decrease outlays by about $194 billion over the period from 2018 to 2027, leading to an increase in the deficit of $1,455 billion over the next 10 years. Those estimates do not incorporate the effects of macroeconomic feedback.” So the great tax cuts cut for the wealthy bill, H.R. 1 (conference agreement) adds to the overall national debt without doing little for the middle and working classes in the long run. The next steps suggested by GOP news releases include decreasing medicaid, medicare, and social security benefits to pay for the “tax cuts” to corporations and the wealthy. Not nice job. https://www.cbo.gov/publication/53415

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