Our View

Our View

Tax overhaul will benefit all Americans in the long run

You know as hard as the liberal left — led by no other than that career Democratic politician Minority Leader of the House of Representatives Nancy Pelosi and that dreadful senior senator from New York, Chuck Schumer — have tried to demonize President Donald Trump and spread fear and lies over Trump’s major overhaul of the nation’s tax laws, they failed miserably.

Pelosi and her ignorant rants about how cutting taxes will negatively impact the middle class Americans and the greedy corporations will only get richer are coming back to slap her right in the face.

Schumer’s vicious lies and attacks over Trump’s tax overhaul plan is being done for self-serving political purposes with absolutely no intent on what is best for the common, middle-class Americans or this country.

These liberal cronies have said cutting taxes will benefit the “fat cats” and the rich while negatively affecting the poor and middle-class families.

These vicious attacks during the days leading up to a vote in the House and Senate failed to stop Republican lawmakers from sending this tax reform bill to Trump for signing. Despite the fact that not a darn one of the Democrats in either the House or Senate felt like giving the American working class citizens a tax break, their scheme failed and will haunt them in the elections to come.

These obstructionist lawmakers have spent a year doing absolutely noting but viciously attack a president who was clearly elected by the forgotten silent majority of Americans.

The signing of the first major overhaul of the nation’s tax laws since 1986 has already promoted a number of high-profile companies to announce plans to spend the expected windfall created by lower corporate taxes.

While there are no specific announcements as to what new investments will be made Arkansas-based Walmart Inc. and Tyson Foods Inc., these new tax breaks will have a positive impact on their employees as well as the state in the days ahead.

We know these tax measures will clearly distribute benefits across a range of American industries, from construction to health care, lowering the corporate tax rate from 35 percent to 21 percent.

Despite what the “fake news media” and the liberal political obstructions have said in their attempt to take down this president who promised the American people he will “make America great again” when you give out a trillion dollars in tax breaks, it’s almost impossible to create a lot of losers.

Soon after Trump signed the tax overhaul bill into law, Aerospace leader Boeing said it plans to spend millions of dollars more on employee training. AT& T announced $1,000 bonuses for its employees. Wells Fargo plans to raise its minimum hourly wage for about 36,000 workers from $13.50 to $15.

We could go on and on over the number of major business and corporations that will now invest further in their companies.

What the likes of Schumer and Pelosi aren’t saying is the clear fact that lowering the corporate tax rate will make the U.S. more competitive globally and will definitely promote investment here at home.

Let us correct ourselves for a moment and say there are losers in this tax reform and they are the disgusting liberal “fake news” media, Schumer, Pelosi and the obstructionist Democratic Party.