LETTER: Ricks should detail how to cut spending

May 6, 2017

In a tribute to the art of unbalanced self-interest, Lilly CEO Dave Ricks argued that tax reform would permit his company to invest an additional $150 million in the United States, assuming it were taxed like Novartis, a Swiss company [Tax reform would deliver Hoosier jobs, April 24].

Mr. Ricks asks for a “level playing field” with Switzerland, which spends less than 1 percent of its gross national product on defense, compared to the United States, which spends close to 5 percent. He offers no insight on positive uses of $150 million in the hands of government, such as reducing the annual deficit or funding infrastructure or paying for health care. His commentary would gain strength and legitimacy if he told us how to make up the lost revenue.

John Guy

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