Democrats Push for Agreement on Tax Deduction That Benefits the Rich (opens in new tab)

(nytimes.com)

23 pointsGaryTang4y ago4 comments

4 comments

4 comments · 4 top-level

>The wealthiest would make out the best, with a SALT cap repeal distributing more than $300,000 per household in the top 0.1 percent of earners and only $40 for a middle-income family over the first two years.

Very progressive of Dems

ceph_4y ago

> families earning less than $400,000, they can take a complete [SALT] exemption, but not families earning more than that

A 5 year temporary exemption that excludes the top bracket sounds fine to me.

cable26004y ago

The Democrats promised that the rich would pay their own fair share of taxes. Now this?

I mean this is trickle down economics which Republicans often use. What happened to Keysian Economics?

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