Before the COVID-19 pandemic, he argues that the country’s economic strength was due to the tax law. There were record-low unemployment rates for African Americans and women.
For Katko, the differences between him and Balter on taxes are another reason why he’s supporting President Trump for reelection. When he endorsed Trump in January, he mentioned the president’s economic record as a major factor in that decision.
“I believe that less government and less taxes is the future of our government and not more government and more taxes,” he said. “That is really this choice is boiling down to.”
Balter, D-Syracuse, supports repealing the 2017 tax law. She wants to replace it with tax reform that would target people who are struggling most, including working families, people with disabilities, students and veterans.
“Folks who kind of get the short end of the stick over and over and over again, and people for whom a little boost makes a big difference,” she said.
That, Balter believes, is the opposite of how the 2017 tax law impacted central New Yorkers. She said the law was designed to give “a vast majority of the benefits” to corporates and wealthy individuals — entities and people who “already have a lot,” she noted.
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