Well look at that. Suddenly, the rich drunk Nancy Pelosi is for tax breaks for the rich. Already talking about phase four of a stimulus plan, Pelosi is demanding that SALT deductions (which affects nearly all Americans making over $100,000- and up.) She’s worried about the high taxes paid in states like California and New York. But, I thought the Democrats were for middle-class American and want to “Eat the rich”? Pelosi herself and her corrupt husband are millionaires and would likely cash in on this.
You also got to help out all those Democrat bundlers. Most big political donors donate exclusively to Democrats, but the media doesn’t tell you that.
| Drunk Pelosi suddenly for tax breaks for the rich! (SALT deductions) in phase 4 stimulus |
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AH, OF COURSE…#Pelosi proposes a stimulus plan that gives money to the rich.
"…provide a quick cash infusion in the form of increased tax rebates to an estimated 13 million American households — nearly all of which earn at least $100,000 a year."https://t.co/hdUOUeoCRl
— Peter Daou (@peterdaou) March 31, 2020
“More than half the benefits of such an effort would go to millionaires.” https://t.co/kZuQOZBKgn
— Jonathan Swan (@jonathanvswan) March 31, 2020
Pelosi’s terrible idea: Retroactively raising the cap on State and Local Tax deductions. Retroactive tax deductions are always a bad idea — a giveaway that get you nothing — and this one goes almost entirely to household on at least $100,000 a year. https://t.co/FPIkaNCLb1
— Justin Wolfers (@JustinWolfers) March 31, 2020
What kills me about the Pelosi SALT deduction thing isn’t so much SALT itself, but the fact that universal cash checks were considered an absolute non-starter due to ‘regressivity’ just a few weeks ago https://t.co/nLtjbzgbCH
— James Medlock (@jdcmedlock) March 31, 2020