Leftists Say Pelosi’s Plan to Reverse Tax Cuts is a Giveaway to the Rich

(Claire Russel, Liberty Headlines) Even some liberals oppose House Speaker Nancy Pelosi’s  efforts to roll back parts of President Trump’s 2017 tax cuts.

Pelosi hinted in an interview with the New York Times last weekend that congressional Democrats would try to retroactively reverse the tax law’s $10,000 cap on the state and local tax (SALT) deduction in the next Wuhan virus relief package.

But liberals pointed out that getting rid of the SALT-deduction cap would disproportionately hurt the lower and middle classes while benefiting the ultra-wealthy.

“The priority for Speaker Pelosi at this time should not be a tax break for the well-to-do. Repealing the SALT cap would be a huge mistake. The last people who need help right now are the well-off taxpayers who would be affected by this change,” said Morris Pearl, the chairman of Patriotic Millionaires, a Democratic activist group..

Huffington Post reporter Emily Peck similarly pointed out how “unbelievable” Pelosi’s plan is.

And Seth Hanlon, a senior fellow at the liberal Center for American Progress, said that Pelosi’s plan to “tailor” the SALT reduction to middle class workers is simply not realistic because “relatively few middle-class people claim SALT.”

“Democrats want to be the party of working people, prioritizing tax cuts for wealthy taxpayers, even in blue states, is not the right thing to do,” Pearl explained. “We already have too many politicians in Washington whose answer to every problem is to cut taxes for the rich.”


Top-Down Anti-White Diversity Training Is Roiling the American Workplace

(John Murawski, RealClearInvestigations) A white physician working in Raleigh, N.C., says he has participated in multiple diversity training exercises – including two...

Ransomware Disables Georgia County Election Database

(Associated Press) A ransomware attack that hobbled a Georgia county government in early October reportedly disabled a database used to verify voter...

Trump Knocks Kamala’s Quest to Become ‘Female Socialist President’

(The Hill) President Trump knocked the idea of the U.S. having a “female socialist president” during a rally in Florida on Friday night...

California Prosecutors Again Seek Death for Scott Peterson

(Associated Press) — California prosecutors said Friday they again will seek the death penalty for Scott Peterson even as a county judge...

Biden Blunder? Oil ‘Has to Be Replaced’

(Headline USA) Democrat Joe Biden‘s remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night...