| To view as a web page, go here. | | | | Give Us Your Opinion | | The WBJ Daily Report Flash Poll seeks the votes and viewpoints of Central Massachusetts business leaders each week on a topic of importance. Please take a minute or two to read the question below and the details behind it, then cast your vote and add your opinion. The results will be announced in Thursday's edition of the WBJ Daily Report. | | THIS WEEK'S QUESTION: | This week, President Donald Trump released an outline of his administration's plan to change the federal tax code. The plan proposes cutting the number of tax brackets on the tax code from seven to three, cuts the corporate tax rate from 35 percent to 15 percent, and repeals the 3.8 percent investment surtax from the Affordable Care Act. It also would eliminate the estate tax, the alternative minimum tax, and tax deductions for individuals other than mortgage and charitable deductions. The White House said the plan will pay for itself with economic growth, but the Committee for a Responsible Budget said it could end up costing between $3 trillion and $7 trillion over a decade. What do you think of the president’s tax plan? It’s long overdue and will undo years of unnecessary and uneven tax burdens on businesses allowing them to create jobs.
The corporate tax rate should be lower but cutting it by 20 percentage points is too big of a risk.
The huge cuts to businesses and the wealthy will instead shift the burden to individuals and lead to an even more uneven economy.
There haven’t been enough details released for me to decide.
This week's Flash Poll seeks your vote and opinion on this topic. Voice your opinion now! We appreciate all comments and opinions. To print any comments in the WBJ, we ask that you provide your first and last name, and prefer you also list the company you work for or the town where you work or reside. However, all comments posted in good taste will appear on our website. Comment: Can't answer the question in your email? Click here to view as web page before commenting. |
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