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. As President-elect Joe Biden has released his $1.9 trillion Chinese coronavirus relief package that offers $1,400 stimulus checks to working and middle class Americans, rather than the $2,000 checks that President Trump had requested, Democrats are resurrecting their goal of providing tax breaks to the wealthiest of Americans, mostly concentrated in coastal blue states.-- More...