Greensburg Daily News, Greensburg, IN

Editorials

August 20, 2013

A bipartisan push toward U.S. tax reform

The U.S. jobless rate is 7.4 percent. Here in Indiana, it stands at 8.4 percent.

This is so utterly unacceptable that our lawmakers at both levels ought to be considering everything in order to stimulate the economy. And they need to do it in a bipartisan fashion.

The impact of this is something right out of Pandora’s Box, as Indiana’s suicide rate is soaring, our infant mortality rate is 7.7 per 1,000 births, a statistic that left Indiana Health Commissioner William VanNess “aghast.” Thousands of Hoosier kids flirt with chronic hunger.

The U.S. tax code, with a 35 percent rate, is hindering the creation of jobs, said U.S. Rep. Todd Young, the Bloomington Republican who is seeking an overhaul. For many small businesses, the rate is 44.6 percent.

“Add in state income taxes and over half of their profits go to taxes,” said Young, who sits on the tax-writing House Ways & Means Committee. Young is pushing a 25 percent tax rate, which is the average of industrialized nations and would allow the U.S. to better compete globally.

It brings House Republicans on to a similar page as President Obama. In a July 30 speech in Chattanooga, Obama called for a corporate tax rate cut to 28 percent and give manufacturers a preferred rate of 25 percent. He advocates a minimum tax on foreign earnings as a tool against corporate tax evasion and the use of tax havens. “If we don’t make these investments and reforms, we might as well throw up the white flag while the rest of the world forges ahead in a global economy,” Obama said. “And that does nothing to help the middle class.”

The fact that House Ways & Means Chairman Dave Camp, R-Mich., and Senate Joint Committee on Taxation Chairman Max Baucus, D-Mont., are conducting a series of “Max and Dave” forums pushing a simpler, fairer, flatter tax code gives the movement cred.

Text Only
Editorials
  • The long journey of me and my 'motorsikle' Over 45 years ago, I considered anything on fewer than four wheels as a quick way to meet my Maker well ahead of schedule.All I’d ever heard from four-wheel enthusiasts was “Them thangs is dangerous.” I heeded that advice until a motorcycling friend

    July 15, 2014

  • Our view: Throw open the doors

    As allegations and scandals continue to explode about hidden wait lists and cooked books at VA medical care facilities across the country, with hints of even more heinous findings to come, we have to wonder why it's business as usual in our nation's

    May 29, 2014

  • Why I still have faith in Congress From the perspective of decades, there is good reason to believe that Congress can and will do better. It's depressing to read poll after poll highlighting Americans' utter disdain for Congress. But it's my encounters with ordinary citizens at public

    May 29, 2014

  • Stay informed, stay prepared, stay safe I can remember last November when I was on the phone and working at my computer to try to help get the message out about the dangerous storms facing much of the state. Many of our local towns were under tornado warnings for much of the day, includin

    April 29, 2014

  • Making a house a home On a shelf in the home office of Gov. Mike Pence are some cowboy spurs and an old pair of riding boots -- signs of how the first-term executive and his family relax in their spare time. Last summer, one of Pence's daughters cleaned stalls in a horse

    April 29, 2014

  • Hoosier farmers are Indiana heroes Many in our community know that farming is not just a profession; it is a lifestyle. Agriculture in Indiana is a large and diverse industry that plays a vital role in the economic stability of our state. Many of our neighbors, friends and families ge

    April 3, 2014

  • Thanks for letting me tell your stories I didn't want to be a reporter, or even a writer, when I was a little girl. From the age of eight, I wanted to be an orthopedic surgeon. I never even considered being anything else. All my little girl fantasies of being an astronaut or a rock star we

    April 3, 2014

  • The empty chair and memories On the wall in our living room hangs a large painting that I bought at a small art show several years ago. It is a simple painting with rich, deep gold and burgundy oil colors that I enjoy. Just off center in this painting is a cozy, green arm chair

    November 26, 2013

  • Alzheimer's awareness brings passion for purple Dear Editor: Every October the country goes pink in support of breast cancer research. It's a beautiful sight. The underlying message is one of a vast network of support from family, friends, and total strangers. I would love to s

    September 10, 2013

  • March on Washington - then and now In 1960, I watched John Lewis and other black college students march past our Nashville, Tenn., high school on their trips downtown to the sit-ins. In 1963, while I was preparing for my senior year, Medgar Evers

    September 3, 2013

Featured Ads
AP Video
Arizona Prison Chief: Execution Wasn't Botched Calif. Police Investigate Peacock Shooting Death Raw: Protesters, Soldiers Clash in West Bank Police: Doctor Who Shot Gunman 'Saved Lives' 'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman Raw: Iowa Police Dash Cam Shows Wild Chase Obama Seeks Limits on US Company Mergers Abroad Large Family to Share NJ Lottery Winnings U.S. Flights to Israel Resume After Ban Lifted Official: Air Algerie Flight 'probably Crashed' TSA Administrator on Politics and Flight Bans Raw: National Guard Helps Battle WA Wildfires Raw: Ukraine's Donetsk Residents Flee Senators Push to End Hamas Threat in Cease-Fire A Young Victim's Premonition, Hug Before MH17 Raw: Deadly Storm Hits Virginia Campground Death Penalty Expert: 'This is a Turning Point' Raw: MH17 Victim's Bodies Arrive in Netherlands
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.