Philly Burbs Dems Show They Represent The Rich — President Trump taxed the rich big time with the Tax Cuts and Jobs Act that became law Dec. 22, 2017.
It limits federal deductions of state and local taxes at $10,000. This includes property taxes. Most of us think that is peachy as we don’t pay that much more, if that much, in these taxes.
The rich, though, with their wasteful mansions with big carbon footprints in exclusive communities, are feeling a lot of pain.
Especially, if they live in a high-tax state like New Jersey or California.
So the pseudo-socialist, crony capitalists who fill the Democratic Party are trying to help them. They want to return the state and local tax deduction. They neato beltway acronym they use to refer to this deduction is SALT.
On Dec. 19, the House passed H.R. 5377 which would have raised the deduction to $20,000.
The called it the Restoring Tax Fairness for States and Localities Act (LOL). OK, the LOL is what we added.
Anyway, the vote was 218 to 206.
Sixteen Democrats voted against the measure but they did not include any from the Philadelphia region. Yes, Brendan Boyle (Pa2), Dwight Evans (Pa3), Madeleine Dean (Pa4), Mary Gay Scanlon (Pa5) and Chrissy Houlahan (Pa6) voted to help the very rich.
Five Republicans voted for the measure. Yes, they included Brian Fitzpatrick (Pa1).
Brian, what good are you anyway?
A bill ending these deductions made it to the floor of the Senate, Oct. 23. It was sponsored by big-time lib Senate Majority Leader Chuck Schumer (D-NY). It failed 52-43. Republican Rand Paul of Kentucky was the only R vote in favor — gotta love the libertarians — and Sen Michael Bennet of Colorado was the only D vote against.
Five senators did not vote including Democrats Kamala Harris of California, Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont who in a strange coincidence had announced presidential campaigns.
Call it official. The GOP is the party of the little guy and the Ds are the bald hypocrites who represent the country clubs.