House Democrats’ Chinese coronavirus relief package bails out coastal millionaires and billionaires while ensuring big businesses are able to freely hire illegal aliens and visa overstayers over unemployed Americans.
House Speaker Nancy Pelosi’s (D-CA) HEROES Act would end the cap on a little-known SALT tax deduction that has been strictly limited by President Trump, offering the top one percent in coastal states like New York, Massachusetts, and California a huge tax break.
The maneuver would give millionaires and billionaires, for 2020 and 2021, a windfall of more than $100,000 for taxpayers with annual incomes over $1 million.
