Letter: No more tax cuts for millionaires
Soon, Washington Republicans will announce their tax cut plan, giving Congressman Rod Blum a chance to make up for the votes he’s taken this year against the interests of working Iowa families.
In May, Rep. Blum voted to take health care away from 146,000 Iowans. He also voted to raise insurance premiums for elderly and ill Iowans, including those battling cancer. Now he’s supporting a tax agenda that will give billions of dollars in tax breaks to the wealthiest Americans.
Crafted behind closed doors without the input of small business owners or working Americans, the leaked portions of the Republican plan show that it’s giant giveaway to those who need it the least, millionaires and billionaires. The ideas they’ve already put forward demonstrate that they’re not looking out for working Iowa families.
Among those bad ideas, Republicans have proposed taxing retirement savings for working families, eliminating deductions for paying the Iowa state income tax, and scrapping the mortgage deduction that benefits millions of middle class homeowners. A recent study shows that 36.9 percent of the plan’s so-called ‘relief’ will go to millionaires, like Rep. Blum.
Despite his questionable votes this year, Rep. Blum still has a chance to put Iowa families over the corporate interests looking for a handout. Let’s hope that this time, he makes the right decision and chooses what is best for Iowans over partisan politics.