Democrats Again Consider Bailing Out the Wealthy with Billions in Tax Cuts
Democrats are again considering legislation to provide their wealthy blue state donors with billions by ending the cap on a tax deduction.
SALT Cap
Fact Check: Democrat Brendan Boyle Misleads Country on Trump Tax Cuts
Rep. Brendan Boyle (D-PA) claimed on Tuesday during the Democrat National Convention (DNC) that President Donald Trump’s Tax Cuts and Jobs Act only benefitted the rich and wealthy corporations.
Chuck Schumer Pushes Tax Cut for Richest 1% in Coronavirus Relief Bill
Senate Minority Leader Chuck Schumer (D-NY) is pushing for a repeal of the state and local tax (SALT) deduction cap in the next round of coronavirus relief — giving a tax cut to the wealthiest 1% of taxpayers, especially in “blue” states.
Pelosi Coronavirus Plan Bails Out the Rich with Tax Breaks, Cheap Labor
House Democrats’ Chinese coronavirus relief package bails out coastal millionaires and billionaires while ensuring big businesses are able to freely hire illegal aliens and visa overstayers over unemployed Americans.
Nancy Pelosi Proposes Moratorium on SALT Deduction Cap; Benefits Rich in Blue States
Speaker of the House Nancy Pelosi (D-CA) is proposing a two-year moratorium on a tax deduction enjoyed primarily by rich people in Democrat-run states — a deduction that President Donald Trump limited strictly in his 2017 tax reform law.
Victory for Trump Tax Reform: Federal Court Upholds State, Local Deduction Limits
A key provision of the Trump tax cuts has survived a challenge from high tax Blue States that claimed they were unfairly targeted.
