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Democrats Approve Billion Dollar Tax Cut For Their Own Donors


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This infrastructure bill, like all bills, is loaded with pork.

Provisions for illegal immigration, hiring an army of IRS thieves, and a whole host of other nonsense, that has little to nothing to do with infrastructure all found their way into the bill.

Critics rightly point to the SALT deduction ‘reform’ as being a massive issue.

Changes to SALT deductions will disproportionally benefit wealthy individuals in blue states, or in other words—Democrat donors.

They really aren’t going to help your average person, and Democrats know this.

The only people set to benefit massively from this will be top income earners from New York and California—they will mean nothing to your average American in Arkansas, Oklahoma or South Dakota.

Take a look:

Breitbart points out:

The Committee for a Responsible Federal Budget (CRFB) has noted that “a household making $1 million per year will receive ten times as much from SALT cap relief as a middle-class family will receive from the child tax credit expansion.”

 

https://twitter.com/tomhbunting/status/1461363611037679627

Business Insider writes:

A recent analysis from the Tax Policy Center found the House legislation would deliver a tax cut for families earning between $500,000 and $1 million roughly nine times larger than for those earning between $50,000 and $75,000. That was echoed by another analysis last week from the Committee for a Responsible Federal Budget.



 

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