'It didn't take long for the MAGA majority's alleged debt 'concerns' to go right out the window in pursuit of more wasteful tax breaks for their billionaire donors and corporations,' said LCommaThoughts of accountable_us.
If the new proposal were to pass, the richest 1% of U.S. households would receive $28.4 billion in tax cuts next year, compared with $1.4 billion for the poorest 20% ,
;“This is the classic tradeoff for Republicans;—slash programs for working people to fund MORE tax breaks for big corporations and their rich owners.\n\nShameful.;”Moreover,"the true costs are hidden by budget gimmicks," Wamhoff noted."The most important budget gimmick is that the legislation enacts the biggest tax cuts for only two years even though its proponents plan to extend them in the future, making them, in effect, permanent.
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