Name: SALT Tax: Dems Pushing TAX CUT for the RICH (Hypocrisy EXPOSED)
Uploaded: 2021-10-02T16:28:38+00:00
Duration: 6 min 57 s
Description: It's a SALT tax SCANDAL. Democrats like Nancy Pelosi are supposed to be the party of #taxtherich these days. But a group of House Democrats is pushing to restore something called the State and Local T

2 years ago

168

TAX CUT RICH SALT Tax

It's a SALT tax SCANDAL. Democrats like Nancy Pelosi are supposed to be the party of #taxtherich these days. But a group of House Democrats is pushing to restore something called the State and Local Tax Deduction, or #SALT, which gives wealthy blue-state residents a discount on their federal taxes. In this episode of #BreakingBrad, I expose their hypocrisy and break down why the tax loophole for rich liberals should NOT be fully restored.

00:00 Intro
00:45 The SALT Tax Loophole, Explained
01:48 These Democrats Are Working to Cut Rich People's Taxes
02:22 What the Democrats Are Saying
03:12 The Proof That This Would Almost Exclusively Help Rich People
04:04 Why Tax Cuts Are Good, But Tax Loopholes Like This Are Bad
04:25 The Political Corruption Behind This Loophole
05:00 How SALT Encourages the Growth of Big Government
05:42 Conclusion & Outro
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