What good is a tax reform plan if it leaves Americans without an incentive to save? A roundup of editorials Thursday takes a look at the issue.
Opinions from the Left:
Trump tax plan's budget gimmick is a short-term fix that will hurt long-term savings
From USA Today: Congress should help Americans save for retirement, not take their money.
I yield to nobody in my cynicism about the Ryan GOP. But even I am amazed by speed of descent of tax “reform” into farce— Paul Krugman (@paulkrugman) November 2, 2017
State and local deductions at risk
The Providence Journal: Tax reform that leaves us paying more in taxes is no bargain.
Why tax deductions are stupid (and why we love them)
From Bloomberg: Republicans should think twice about cutting tax deductions. Voters tend to get testy when the government takes something away.