In response to the guest column by Norman Pappous ("Both parties are to blame," The Daily News, Dec. 6): Yes, Mr. Pappous, I do have an ax to grind. The GOP description of their tax plan as a middle-class tax cut is misleading at best.
The assumption that the $1 trillion tax cut for corporations and the top 1 percent will probably result in a $4,000 a year wage increase for average middle class workers has no basis in fact.
Many of America's top CEOs have stated that they will use their increased income to do stock buy-backs, and increase investor dividends.They did not mention pay increases for workers.
GOP Speaker Paul Ryan stated that next year they will address the national debt and entitlements. That probably means using Medicare, Medicaid and Social Security cuts to pay for the $1 trillion tax cut to corporations and the top 1 percent.
To paraphrase Maya Angelou: "When people tell you who they are and what they are going to do, believe them."