April 14, 2021

The News-Gazette: Jim Dey | Once scourge of rich, governor’s now their defender

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That’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



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