Although the president and some members of Congress would like to get a new tax bill passed soon, I think it would be wise for citizens to take a good look at this bill before it is fast-tracked.
The Tax Cuts and Jobs Act of 2017, as it is called, is touted as saving taxpayers money and helping the country produce more jobs. However, there are concerns about whether both of those goals will be met in this bill.
Bishops comment on bill
In a November 9 letter to U.S. House of Representatives members, three bishops who are chairmen of three committees of the U.S. Conference of Catholic Bishops (USCCB) called the House version of the bill “unacceptable” as written because it “contains many fundamental structural flaws that must be corrected,” reported a Catholic News Service article.