The New Tax Plan and Your Well Being
Back in the day, when I was young, I’m not a kid anymore
But some days I sit and wish I was a kid again ~Ahmad~
We all like to sit and reminisce about days gone by. This time of reflection gives us the chance to bask in wonderful memories while learning valuable lessons about the changes that shape us. I bring this up because of recent decisions made by our government to guide the American constituents’ lifestyle. Before I begin, I must point out that no decision (made by an outside body) is going to make all of the citizens (it serves) happy. However, lawmaking decisions should (at least) adhere to common decency, moral fortitude, and an overall benefit to everyone they affect. Now… let’s move forward. I began with a quote, from Ahmad, because the current resident of the White House, Donald John Trump (DJT) ran his campaign on the premise to ‘Make America Great Again.’ He consistently reminded EVERYONE, that when he was growing up and building his business, the laws of the land were more ‘people’ friendly without ‘political correctness’ to interfere in progress. Unfortunately, since he has graced this nation with his unruliness, things are becoming worse and not ‘Great Again’!
DJT has proposed a tax reform plan packaged to the American people as the ‘helping hand’ for the ‘little guy.’ In other words, a manipulation of the tax codes that will assist middle and lower classed citizens in gaining better outcomes for their money. As usual, the passing of the tax bill in both the House and the Senate leaves a lot to be desired by any American citizen that isn’t rich. The House passed a tax bill that takes away the ability to write-off student loans and business itemization's but gives an increase to the child tax credit. The Senate bill doesn’t do much better. In fact, most of the Senators have admitted they didn’t have time to read the 500-page bill! How do you get any work done if you have no idea what the work is? These are the people we have elected to have a say in our lives, to direct our mandates, and to make laws we must follow.
When it comes to your well-being, the tax bill will be of no assistance what-so-ever. This bill cuts back on Medicaid and Medicare. These cuts mean less financial assistance for facilities that help individuals receive treatment for addiction and mental health, no assistance for Planned Parenthood (which, by the way, gives more aid to women than abortions), and reduced the numbers of clinics where people can receive affordable health care.
In the long run, this tax bill is going to be a disaster for our country and us as a people. All I can say is remember the excess of the 80s and the huge fall that President Clinton had to clean up? Are you ready for another fall as a result of this ‘trickle down’ theory that never worked in the first place?