I feel compelled to take issue with some of the claims that Mr. Grant attributed to the Trump administration in his letter of Jan. 18 (“We should be willing to give the Trump administration its due“).
Unfortunately, the claim that there is no longer a federal tax on Social Security is not true. There is a provision to reduce income taxes slightly for some lower-income seniors. That is good, but that hardly compares to the tax cut that individuals in the top 1% will receive.
It would also be great if interest rates on credit cards could be capped, but that appears to be unlikely given the pushback from the banking industry. Job growth, during the first year, has actually declined significantly in comparison to the last year of President Biden’s term. Drug deaths are down (following a trend that started in 2023) and the stock market is up (as it has been for the past three years), but what has the Trump administration done to account for either of these improvements?
For the most part, any gains for working class families pale in comparison to those for the top 1% and at the expense of the trampling of constitutional norms.
Jay Kuder
Topsham
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