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LETTER: Tax code politics
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LETTER: Tax code politics

Las Vegas Review-Journal·Jerry Sturdivant Las Vegas·about 1 month ago
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In your April 16 editorial, “Wage earners take advantage of GOP tax reform,” much of the tax relief you describe is financed through borrowing, adding to the expanding national debt accumulated during the Trump administration. That debt will ultimately be repaid, largely by the very wage earners and working-class Americans your article claims are benefiting. Provisions such as “no tax on tips” are temporary and set to expire, while many tax cuts benefiting the wealthy are permanent. It’s not hard to see who truly gains the long-term advantage — and it isn’t working Americans. Your article also suggests that Democrats are vague about what percentage of income wealthy individuals should pay. But that framing ignores a basic reality: Many of the wealthiest Americans do not rely on traditional paychecks. Their income often comes from investments, capital gains and other sources that are taxed differently — or, in some cases, minimally.…

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