letter to the editor

Riley will promote better tax policy

Posted 10/29/24

Are you concerned about government spending and the national debt? Congressman Marc Molinaro (R, NY-19) favors tax cuts for billionaires, and letting the taxes they owe go uncollected.

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letter to the editor

Riley will promote better tax policy

Posted

Are you concerned about government spending and the national debt? Congressman Marc Molinaro (R, NY-19) favors tax cuts for billionaires, and letting the taxes they owe go uncollected.

Trump’s tax cuts of 2017 resulted in rich corporations, such as Amazon and Chevron, paying no federal taxes from 2018 forward, and even getting tax rebates that could be applied to taxes they owed from other years! (NY Times 4/30/19) These tax cuts added to our national debt.

In addition, the IRS has been hindered from doing its normal job of collecting unpaid taxes, because Congressional Republicans routinely cut back IRS appropriations.

Molinaro stated that he “found savings by cutting wasteful programs, like the one to hire more IRS tax agents.” On March 22, while voting on the FY2024 Appropriations Bill, he voted to “rescind $10.2 billion from Biden’s effort to hire thousands of new IRS tax agents.”

Hiring more tax agents is “wasteful”? No, we desperately need more tax collectors to go after our wealthiest tax cheats.

Reducing IRS collections only adds to the “fiscal cliff” we are facing, according to the Committee for a Responsible Federal Budget.

In contrast to Molinaro, Josh Riley will promote responsible tax policies in Congress. 

Joel Rabinowitz
Groton, NY

Riley, tax, policy, marc molinaro, trump, tax cut, corporations

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