Tag Archive for: tax reform

TUESDAY TIP: Tax Day Talkers

While we’ve cheered the passage of tax reform at the federal level, there’s still plenty to discuss and reform at the state level. And Tax Day presents you with the perfect opportunity to do so!

One way to highlight the need for tax reform at the state level is to use comparisons. Comparisons are powerful, because oftentimes people don’t realize how good or bad their state’s economic performance is until they view it in light of neighboring states or the majority of states around the country.

But there are a lot of states, and a lot of numbers to accompany each state’s economic performance.

For this reason, we suggest you check out the American Legislative Exchange Council’s (ALEC) just released report Rich States, Poor States. It breaks down your state’s performance and outlook based on fifteen policy variables. This is a fantastic resource you should use to cite data points that support tax reform at the state level.

Now, go forth, play up that state pride, and use Tax Day for good!

How to avoid speculation

Much has been made about the timing of a big legislative victory for Republicans before the 2018 midterms. Will tax reform be that victory?

President Trump certainly hopes so – remember that one time he asked for a bill by Thanksgiving?

Because no one knows for sure what will happen or when, you’re left to speculate if asked about a timeline. But don’t give in!

Here’s how we recommend you respond. Hint: remain hopeful.

Q: “Will the GOP get tax reform done by the end of the year?”

A: “I can’t speculate on a timeline, but I am hopeful that Americans will finally get a tax break. <Insert talking point.>”

Wherever you take the conversation next, emphasize all the reasons you think tax reform should pass, not whether it will pass. And remain hopeful in your response. Tax reform is a good and necessary move, and we want to emphasize that message whenever we’re asked about it.

 

TUESDAY TIP: How to talk tax reform

The Republican’s tax reform bill entered the markup process in the House Ways and Means Committee yesterday. Given that passage of this bill would lead to the largest change in the tax code since 1986, this is a BFD.

With every tax reform discussion, the talking points write themselves. The Left cries about a tax cut for the rich, while conservatives support the idea that more money in the hands of job creators leads to…more jobs.

This attempt is no different. The current proposal to lower the corporate tax rate from 35% (The highest in the developed world! Higher than France!) to 20% is significant, and has ignited the aforementioned class warfare discussion.

(FUN FACT: Nancy Pelosi and Chuck Schumer were all too happy to champion a cut in the corporate tax rate a few short years ago.) 

So, how can you fight false rhetoric when advocating for corporate tax reform?

Don’t let the other side define the premise. They will always use words and phrases like: “big business,” “corporation,” and “the rich,” even if the majority of people who stand to benefit from the tax cut don’t fall into these categories. For those of us who own small businesses and know how to operate a calculator (like DMG!), we know that the “corporate” and/or “big business” labels don’t define us.

Words matter, so make sure you talk about “small businesses,” “start-ups,” or “family-owned companies” to paint an accurate picture of who will benefit from this tax cut.

B²: Tax Day

Tax Day is the worst.

It stands as a reminder of how much money we’ve given the government in the last 365 days (interest free!) thanks to a complicated code no one understands.

And yet, our debt is hovering dangerously close to $20 trillion. TWENTY TRILLION DOLLARS.

Everyone knows tax reform needs to happen, but the debate remains over when and how. As Capitol Hill prepares to have this tough conversation, the media is ready and waiting to ask you about it. Do you know how to talk taxes and tax reform?

Good thing it’s Tuesday, B² day.

Here’s this week’s likely media question and the B² (block and bridge) that sets the narrative straight:

Q: “You keep talking about cutting taxes, but we’re $20 trillion in debt. Shouldn’t we raise taxes on the wealthy in order to pay off our debt?”

(Option #1) B²: “Rather than asking Americans to pay more, Congress should be asking themselves how they can spend less. <Insert talking point>.”

(Option #2) B²: “Washington has a spending problem, not a revenue problem. <Insert talking point>.”

Wherever you take the conversation next, remember that it’s important to define the problem in order to fix it; let’s not get lost in the wonky weeds. Focus the conversation on spending and throw out a couple examples of absurd expenditures to prove your point. Most people will agree that simplification and transparency must be upheld as goals one and two in the tax reform process…