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GOP tax plan will be harmful to millions

first_imgCategories: Letters to the Editor, Opinion Why would this happen? So congressional leaders can give large tax breaks to some of the wealthiest and most powerful individuals and corporations in the world.Those leaders had a real opportunity to tackle tax reform and deliver meaningful support to our working families and the small businesses that drive the New York and U.S. economies.That’s just not what this is, and I am grateful to Keith for sharing his story and shedding a little more light on the millions who would be worse off if this plan becomes law.I voted no, and if it comes down to it I’ll do it again.Rep. Paul D. TonkoAmsterdamMore from The Daily Gazette:EDITORIAL: Find a way to get family members into nursing homesThree seniors who started as seventh-graders providing veteran experience for Amsterdam golfEDITORIAL: Beware of voter intimidationEDITORIAL: Urgent: Today is the last day to complete the censusFoss: Should main downtown branch of the Schenectady County Public Library reopen? Re: the Nov. 26 letter from local graduate student Keith Preble expressing concern that the GOP tax plan will hurt him and other students in our region, I share Keith’s concerns and voiced my opposition when the bill came up for a vote in the House.Not only would this bill hurt students, parents, teachers and schools, it raises taxes on millions of our middle class and working poor families, especially in New York, and explodes the deficit just to give tax breaks to billionaires and wealthy corporations.Unfortunately, the plan is even worse for students than Keith describes.More than 140,000 graduate students in the United States pay for their education with something called tuition waivers. These waivers are given by colleges and universities to allow students to attend college tuition-free in exchange for working at the school. For many, this is the only way they can afford an advanced degree in many vitally important specialties.The GOP tax plan closes that door by taxing these waivers as income. In the simplest terms, this means a graduate student making $30,000 to work as a teaching assistant and receiving a tuition waiver of $50,000 in graduate credits would be taxed as if they were making $80,000.For many graduate students like Keith, that will mean a 300- to 400-percent increase in their taxes that could force an early end to their graduate careers.last_img read more

Get yourself a Corvette or Yamaha Roadstar with online bidding at Theurer Auction/Realty

first_imgLook at these two great gems, that you could own provided you’re the high bidder of Theurer’s On-line Auction/Realty’s online bidding. Click here to begin your bidding today: Don’t miss the 1978 Chevrolet Corvette with 67,203 original miles, yellow exterior, dark brown interior, 350 cu engine, 3-speed automatic transmission, power windows, and more. This Corvette sold new at Joe Self in Wichita and has been in Wellington its entire life. Auction ends, Wednesday, Sept. 16, at 8:30 p.m.A 2008 Yamaha Roadstar 1700cc Sapphire would look great in your garage, It has 7,474 miles, brand new Metzler 888 tires, front and rear, street performance pipes Dyno’d, less than 50 miles on the tires and full service, air cooled at 48 degrees. Auction ends: Wednesday, Sept. 16 at 8 p.m.last_img read more