The richest Americans may get a tax cut 10 times BIGGER than the middle class under Biden's spending plans, new study finds

  • Democrats want to raise the cap of the state and local tax (SALT) deduction from $10,000 to $80,000
  • Would repeal a key revenue offset of Trump's 2017 tax cuts, a portion that Democrats from high-tax states say is punitive 
  • The Build Back Better plan would also increase the child tax credit from $2,000 per child to $3,000 per child, and $3,600 for children under 6 
  • Under that plan, households earning $1 million or more could get a break on their taxes that is 10 times that of households earning $50,000-$100,000 
😠 1
StreetLoc is one of America’s fastest-growing Social Media companies. We do not employ woke kids in California to “police” your thoughts and put you in “jail”.
StreetLoc is designed for Family, Friends, Events, Groups, Businesses and People. JOIN TODAY

  • More
Comments (0)
     ·   ·  1560 news
    •  ·  537 friends
    • A

    Join StreetLoc

    By signing up, you agree to the Terms of Service and Privacy Policy.
    Latest Videos (Gallery View)