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Democrats to Give Top 1% Huge Tax Break

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photo NJ billionaire Jon Corzine

the staff of the Ridgewood blog

Washington DC, Congress’s own Joint Committee on Taxation, the official scorekeeper on tax policy changes finds that two out of every three taxpayers with incomes over $1 million and nearly nine of 10 with incomes between $500K – $1 million get a net tax CUT from the Build Back Broker bill. This is because Congress vastly expands the state and local tax deduction – a huge tax break for the top 1% in blue states.

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3 thoughts on “Democrats to Give Top 1% Huge Tax Break

  1. CNN and MSNBC will somehow miss this one.

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  2. that pic of corzine made me barf..
    my grandmother told me NEVER trust a man with a beard

  3. Really, Is ANYONE surprised about this?
    This is how a Socialist system works.
    Those in power get all the benefits.

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