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Halls of Shrewd'm / US Policy
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Author: WiltonKnight   😊 😞
Number: of 48495 
Subject: SALT greed
Date: 07/06/2023 7:56 PM
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Back when the upper income White Liberals were whining about SALT the first time....even the non partisan Brookings Institution had some things to say.....

https://www.brookings.edu/articles/the-salt-tax-de...


*Lifting the SALT CAP would massively favor the rich.

*MOST of the benefit goes to the "top 1%" - remember them? Liberals love citing them as long as they aren't exposed as being in bed with them sometimes.

*Even WITH the SALT CAP ....the deduction remains pro-rich, with around 75% of the benefit going to families in the top 20% of income distribution.

Hmmmm back in the Bush tax cut days they said "waaaa the rich get the biggest break" and they didn't want to hear that that is math - because the rich paid more in the first place.'

Good.

Now, tell them to stop pursuing tax breaks that benefit mostly the white and the rich.

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