SALT deduction in Democrats' spending bill would slash taxes for rich Americans by $200B

[Ordinary Guy]

The Democrats have always been about the rich first!!-OG

SALT deduction in Democrats' spending bill would slash taxes for rich Americans by $200B: analysis

Democrats are angling to repeal a Trump-era limit on state and local tax deductions as part of President Biden's signature spending plan, but a new analysis shows how the bulk of the proposal would benefit wealthy Americans.

www.foxbusiness.com

 

[BertramN]

Let's see how many Republicans vote against the bill. When they vote unanimously in favor, then boast of their love and support for the working class. (Which is something the GOP has never had.)




.

 

[Lesh]

That SALT deduction cap cost ME $2500 a couple years in a row.

On a $110,000 income.

Hardly rich here

 

[AzogtheDefiler]

That SALT deduction cap cost ME $2500 a couple years in a row.

On a $110,000 income.

Hardly rich here

Thats because it maxes out your deductions. Cost me a lot more than that.

 

[marvin martian]

The Democrats have always been about the rich first!!-OG

SALT deduction in Democrats' spending bill would slash taxes for rich Americans by $200B: analysis

Democrats are angling to repeal a Trump-era limit on state and local tax deductions as part of President Biden's signature spending plan, but a new analysis shows how the bulk of the proposal would benefit wealthy Americans.

www.foxbusiness.com

Making the rich richer is the entire point of Biden's tax and spend monstrosity. In fact, it's the entire point of the DemoKKKrat party's existence.

 

[Ray From Cleveland]

The Democrats have always been about the rich first!!-OG

SALT deduction in Democrats' spending bill would slash taxes for rich Americans by $200B: analysis

Democrats are angling to repeal a Trump-era limit on state and local tax deductions as part of President Biden's signature spending plan, but a new analysis shows how the bulk of the proposal would benefit wealthy Americans.

www.foxbusiness.com

It's more than that. It mostly affected states in the northeast that are majority Democrat. They were the ones complaining the most and the Democrat politicians always take care of their own first.