Senate Democrats finally got a chance to put their mark on tax policy in the Trump era and inexplicably voted for a tax cut for millionaires.
Sen. Cory A. Booker of New Jersey backed the millionaire tax cut, which failed on a mostly party-line vote, but several of his rivals for the 2020 Democratic presidential nomination dodged the vote.
Sens. Elizabeth Warren of Massachusetts and Bernard Sanders of Vermont, who are running on tax-the-rich platforms, were no-shows. Sen. Kamala D. Harris of California, a Democratic presidential hopeful who vows to repeal President Trump’s tax cuts “Day One” of her presidency, also was absent.
The Democrats used a rare procedural move to force the vote that would have reversed the part of President Trump’s law to put a cap on deductions for state and local taxes.
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5 comments:
Just another example of not doing their job ,POS
9:37 AM, Exactly, just shows what they are all about, do as I say, not as I do. Every last one of them are POS.
Would be struck down by the GPO regardless. Even though the tax could be used to fix many of our national issues, including a ballooning national debt.
If you agree with States rights and oppose double taxation you would agree with that proposal .
9:37
10:02
10:28 and 10:35
Do you even understand what is at issue?
The new Trump tax laws eliminated a federal tax deduction for local and state taxes above $10,000.
In essence, the federal government (you and I) was subsidizing local and state taxes for wealthy people.People that paid over $10,000 in local and state taxes were able to deduct that from their Federal taxes.
Why should I pay some rich guy in Connecticut taxes?
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