The News-Gazette: Jim Dey | Once scourge of rich, governor’s now their defender
media mentionThat’s one reason why, in his letter to Biden, Pritzker & Co. ignored higher earners, complaining that “middle class Americans are struggling under this federal tax burden.”
That’ s just not so, according to the left-leaning Institute on Taxation and Economic Policy. It concluded that “62 percent of the benefits would go to the richest 1 percent and 86 percent of the benefits would go to the richest 5 percent” if full SALT destructibility is restored.
“There is no state where this is a primarily middle class issue,” the institute reported. Read more