What was the last tax break the Dems passed for the wealthy?
Genuinely, I’m curious. The last major tax revision was under Trump. Under Biden, new taxes have generally been targeted at corporations and the wealthy.
The only tax changes that have happened since Biden was elected were part of the Tax Cuts and Jobs Aid Act of 2018. I’m not too familiar with business taxes but individual is how I make my money.
Supporting Israel no matter what and giving taxes breaks to the wealthy…
Just a few things Republicans and “moderate” Dems always tend to agree on
What was the last tax break the Dems passed for the wealthy?
Genuinely, I’m curious. The last major tax revision was under Trump. Under Biden, new taxes have generally been targeted at corporations and the wealthy.
The only tax changes that have happened since Biden was elected were part of the Tax Cuts and Jobs Aid Act of 2018. I’m not too familiar with business taxes but individual is how I make my money.
Exactly.
Republicans lower taxes on the wealthy, and moderate Dems do t raise it.
It’s “two steps back, then just stand still”
So over time, it keeps getting lower and lower.
Thanks for specifying what I meant!