Democrats are pushing for another #Coronavirus stimulus package that would cancel a limit on the number of tax deductions allowed by the wealthy. In other words, it would put more money back in the pockets of the rich…
y’know…because….virus
“The congressional Joint Committee on Taxation estimated last year that a full repeal of the SALT limit for 2019 alone would reduce federal revenues by about $77 billion. Americans earning $1 million a year or more would collectively reap $40 billion of those benefits. Most of the rest would go to households earning $200,000 or more.”
#coronacapitalism
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