Republicans Must Close the Deal on Historic Tax Bill
Dan Celia: An Already Positive Economy Deserves Additional Boost From Final Tax Bill Passage Before Christmas
PHILADELPHIA, Pa.—A vote is expected any day now for the long-awaited and historic tax bill that was authored, debated and amended by Republican lawmakers. Now, says nationally syndicated host and biblical stewardship authority Dan Celia, Americans—and the economy—deserve swift passage so that both workers and businesses can begin experiencing the positive effects.
But the benefits of the tax reform efforts must be communicated correctly by the GOP, Celia said.
“Republicans continue to play defense, especially when it comes to the Democrats’ preposterous idea that under this bill not all Americans will get a tax cut,” he wrote in a new op-ed this morning for Townhall.com, where he is a featured columnist. “Given this sad state of affairs, one thing is clear: the Obama administration did such an amazing job of demonizing profits and corporate America that this attitude is still alive and well today.”
Celia added that many aspects of the bill will have a real and tangible impact on Americans’ bank accounts, such as a higher standard deduction, higher child tax credits, lower tax brackets and the pullback of the penalties if Americans don’t purchase health insurance they may not want or need.
“I still find it amazing that Republicans are not able to articulate to constituents the benefits of corporate tax cuts,” Celia said. “The fact is, once we lose our envy and disdain for corporations making enormous amounts of money, we might realize that corporate tax cuts will impact every American in a positive way. Tax cuts will create more jobs than we have people to fill, and more opportunities for innovation and employment than we’ve seen for the past 16 years, while at the same time stimulating higher wages.
“Tax reform needs to happen if we are to build a growing economy amid a tightening labor force,” he continued. “Yet Republicans are still hung up on the phony Democrat chorus: ‘This bill won’t create tax cuts for every single person.’ The GOP should instead address the economy-stimulating benefits of these tax cuts and explain how strengthening the economy will positively impact all Americans.”
Celia also pointed to the early indicators that the tax bill will be good for the economy—Dow records, higher consumer confidence and a strong holiday shopping season. He added that the tax plan is not the end but the beginning of an economic revitalization, with opportunity to see an industrial revolution the likes of which the country has not seen since the ’50s and ’60s.
Celia leads Financial Issues Stewardship Ministries (FISM, www.financialissues.org) and focuses on important economic news and biblical investing during his daily, three-hour show, “Financial Issues,” which airs on about 640 radio stations around the country and is also seen nationwide on NRBTV, reaching 45 million households.
Read more about Celia, FISM and “Financial Issues” here. Visit the Financial Issues Stewardship Ministries web site at www.financialissues.org, its Facebook page, on YouTube at Financial Issues with Dan Celia or on Twitter @financialissues. Download the new Financial Issues app here.