March 10, 2021

Washington Post: Yes, the Covid Rescue Bill Is a ‘Liberal Wish List.’ What’s Wrong With That? (Opinion)

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Indeed, the design of the bill is such that the benefits are spread among poor and middle-class people, while giving little or nothing directly to the wealthy (though the rich will certainly benefit from a quicker recovery). As an analysis from the Institute on Taxation and Economic Policy demonstrates, the direct benefits “are spread evenly across income groups except that the very rich would not benefit.”

This is a sharp contrast from Republican policies such as the 2017 tax cut, which you might call a “conservative wish list,” and thus gave most of its benefits to corporations and the wealthy. The problem with that bill wasn’t that Republicans were in power and therefore were enacting their agenda; it was that it gave too much help to those who needed help the least.

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