White House Pushes ‘Pure Giveaway’ to Rich Investors While Urging Cut to Pandemic Unemployment Aid | Common Dreams News

Money for nothing and chicks for free in Trumpland (ODT)

The Trump White House is publicly advocating a massive tax cut for wealthy U.S. investors while simultaneously urging Congress to pare back the expanded unemployment benefits currently serving as a financial lifeline for more than 30 million—and counting—jobless Americans.

“Regarding the ‘capital gains holiday,’ remember this key stat: 82% of all capital gains tax is paid by the richest 1%. A capital gains tax holiday is a pure giveaway to the rich.”
—Michael Linden, Groundwork Collaborative

via White House Pushes ‘Pure Giveaway’ to Rich Investors While Urging Cut to Pandemic Unemployment Aid | Common Dreams News