President Donald Trump on Wednesday delivered a stump political speech lauding his tax reform proposal ("Trump, GOP issue tax plan outline," Sept. 28). The emperor has no clothes! He outlined no figures for the dramatic reduction in tax receipts that his proposal would result in and laid out no details on the increase in the federal deficit that these cuts would produce — a burden that would be borne by our children and grandchildren. He made no reference to the elimination of tax loopholes that need to be made to partly compensate for the tax reductions. Even though many industrialized nations have lower corporate tax rates than the U.S., these loopholes, which include petroleum and mineral depletion write-offs, are not available to corporations with headquarters overseas. Giants such as General Electric already pay no federal income taxes; they need no further incentives from the federal government.
Furthermore, Trump has been touting increased government spending for infrastructure that America badly needs for its roads and ports; where will the money come from with a drastic reduction in tax receipts? The ports of New Orleans, Baltimore and New York, to name a few, are in need of significant upgrades. Our transportation system is decaying, with expenditures on highway, bridge and mass transit in need of rejuvenation. When will we get the high-speed trains like the Shinkansen in Japan, the TGV in France and the magnetic levitation train in Shanghai?
Lastly, the impact of these tax proposals on the working middle class would be negative, while cutting tax rates from 39.6 percent to 35 percent for the wealthiest Americans and eliminating the alternative minimum tax on the wealthiest. We can only hope that the majority of voters — and the Congress — will not be taken in by Trump's rhetoric.
Arthur E. Higinbotham, St. Paul
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The subhead under the top story in Thursday's Star Tribune reads: "Analysis: Proposal would benefit the wealthy; effect on middle class unclear." The first item under "What it means" is that the standard deduction nearly doubles to $12,000 for individuals, $24,000 for couples. This would be of minor consequence for a wealthy couple, but a huge savings for us in the middle class.
Gary and Margie Nash, Chanhassen
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Here we go again. GOP tax cuts for the rich blow up the debt/deficit. Perhaps more wars on the nation's credit card. Then when the Democratic adults in the room return to power, the GOP will run around with their hair on fire, screaming for the Dems to bring down the debt/deficit. So predictable and tiring.
David Pederson, Minnetrista
TRUMP AND THE NFL
A letter writer got it wrong on constitutional protections
The letter writer who wrote that Marc A. Thiessen was "patently wrong" in his commentary in which he said that professional athletes are not constitutionally protected from the consequences of their peaceful protests on the field is himself patently wrong ("For team owners, don't be too quick to say 'You're fired,' " Readers Write, Sept. 28).