Thursday, October 18, 2018

How are the GOP tax cuts working?

Citizens and residents in the United States pay federal taxes every year to help the government invest and provide services for the community. Filling taxes is compulsory in America. Is the tax rate affordable? Should we raise or low the tax rate? Trump’s administration has taken action on it. In December 2017, President Trump signed to put the GOP tax cuts into law. Of course, this bill is controversial among people.
The article “The federal budget deficit is soaring, and you can blame it all on Republican tax cuts” has been published on USA Today on October 16, 2018. This article is written by Stan Collender. He is a federal budgeting teacher at the McCourt School of Public Policy at Georgetown University and the founder of thebudgerguy.blog. Collender gives his opinions about the tax cuts after the report of the U.S Treasury on Monday, October 15, 2018. He opposed the new tax cuts because it made the deficit increase. He divided his article into two parts. First, he analyzes the deficit increasing and then criticizes Mnuchin and Mulvaney. Collender takes the attention of readers who care about their taxes and government’s spending. To persuade the readers, he pointed out the federal budget deficit was remarkably increasing by comparing it to the statistics of previous years. Through this comparison, the readers can clearly notice that the tax cuts help to lower the tax rate, but it is also expanding our debt. The reason why he opposes this bill because we are in a good economic time, how we can be in debt with a large amount compare to the last year. The readers can see that Collender is not only opposed the bill but also oppose the Republican by defending the Democrats when he criticizes Mnuchin and Mulvaney. Overall, Collender has made a good argument because it has informed the readers how the deficit changes through a lot of real numbers. 
However, there are some points that he guesses to make the argument instead of the logical evidence. For example, at the beginning of the argument, he said that "the U.S Treasury officially reported something." I was confused about this point, that “something” is unclear. Moreover, he mentioned later that he “heard the scuttlebutt from budget insiders” about Republican leaders. This evidence does not entirely persuade the readers because it is a rumor. Except for those two, I think this is a good argument because Collender expresses his strong opinions about the tax cut bills with many pieces of evidence. The tax cut bill is controversial, but now we have to follow it. This bill has just been in effect for one year. We should give it some more time, and later we can have more shreds of evidence about how the tax cut bill affects our federal budget deficit.


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