Tuesday's edition carried two strange op-ed pieces. Both were trying to sell the public on tax changes that mainly further enrich the wealthy and corporate interests.
One, written by a banking representative, tried to sell the idea that credit unions have an unfair tax advantage over interstate banking corporations and banks. Never once did he mention that banks are among the most profitable businesses already, with high margins, or the multiple banking scandals involving hidden charges, excess charges and other fraudulent actions committed against clients. Seemingly, credit union tax advantages that are reflected in lower loan rates and more services for customers instead of stock holder profits are a threat to the big banks.
In the second, our governor tried to sell the GOP tax plan for the well to do and corporations so that maybe, perhaps, more jobs would be created, and existing jobs would pay more. She never mentions the multi-year upward track of the stock market to record highs, unemployment dropping almost as long to record lows, or that it could drop further if enough qualified workers could be found. Nor does she explain why, if the income of those making $100,000 or more rose approximately 90 percent from 1963 to 2016, while incomes below $50,000 were nearly flat, that is not enough and more is needed if worker salaries are to rise.