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Jenny Wilson on Tax Reform

 

 


Reform tax code to narrow income gap, not benefit top 1%

Conservatives claim the [December 2017 tax] bill provides the largest tax cut in US history and is good for the American middle class. Critics of the legislation, including Wilson, however, say only the top 1 percent of Americans and large corporations will get the most relief.

Wilson said Congress's rare rewrite of the tax code was a missed opportunity to simplify the tax system and narrow the ever-widening U.S. income gap. Perhaps the bill's biggest flaw, Wilson said, is the legacy of new federal debt it leaves to the nation's children over the next 10 years.

Were she already in Congress, Wilson would have never voted for the tax bill, which she said was drafted in secret and rushed through without public hearings. The bill may in fact have some benefits--like breaks for small business owners, Wilson said. She added that she would support tax reform that makes sense. "But most of this does not," she said.

Source: Salt Lake Tribune on 2018 Utah Senate race , Dec 21, 2017

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