EDITORIAL: Citizens claim small wins in tax bill
The Trump era has energized Americans who had limited involvement in the democratic process. Dozens of new tools and organizations have emerged to help people quickly connect to their elected representatives.
It's hard work, but there are signs it's paying off.
Members of
--The historic preservation tax credit remains in place. Economic development leaders from
--Students and families can continue deducting student loan interest, and graduate students will not be taxed for their tuition waivers. Graduate students said those provisions in earlier versions would have made advanced studies impossible for them.
--More people may qualify for medical expense deductions. Previous drafts of the legislation eliminated the deduction for Americans with high medical expenses totaling 10 percent of their income. The approved version expands the deduction by lowering the qualifying threshold to 7.5 percent. This is important to older Americans, and
The final votes this week broke down along party lines, with all of
Americans have legitimate and deep-seated disagreements about taxes, spending and the role of government. Many provisions in the new legislation are no surprise, since they've been Republican policy priorities for years.
However, the process on display in
Let's not forget 2010, when a Democrat-controlled
Many of the same
Nearly half of Americans oppose the tax bill, while only about a quarter support it, according to polling data released this week by
Republican politicians no doubt will be looking for another big achievement when they return in the new year. We hope they learn from their ugly tax reform mess. Lively public debate ought to be the first step for any major overhaul, rather than an afterthought.
--Comments: (319) 398-8262; [email protected]
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Global Individual Insurance Market Analysis and Shares 2017
EDITORIAL: Promises made to Collins for tax bill support are slipping. That’s reason for concern.
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