TO THE EDITOR:

Critics of the new tax bill are absolutely correct. I scanned the 479 pages of what (President Donald ) Trump signed, and can verify that the media has done an excellent job of reporting the changes it makes and its adverse effects.
The changes favor big business and owners over typical wage earners. They favor tax breaks for money earned from money, like dividends, capital gains or interest. The changes increase our debt by over one trillion dollars. The cost to service our debt could be more than we pay for the entire defense budget in the foreseeable future.

Our tax code has not been simplified. Dana Millard of the Washington Post reports, “a tangled mess of loopholes for business, the rich, and Wall Street still remain.” These loopholes can amount to one trillion dollars.

The same people who deny global warning and refuse the truth about trickle down economics are the ones who passed this bill.

The temporary tax breaks for the middle class cannot hide how bad this bill really is.

WILLIAM MATTERN

Scituate

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