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The real reason every GOP shill voted against the Covid relief bill


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https://www.foxbusiness.com/economy/bidens-coronavirus-relief-bill-includes-60b-in-surprise-tax-hikes
 

“Democrats snuck a handful of surprise tax hikes on corporations in President Biden's sweeping coronavirus relief package that combined are worth more than $60 billion.

 

Democrats expect to produce $22 billion in new revenue by permanently repealing a provision in current law that gives U.S. multinationals the leeway to choose how to account for their interest costs when they do taxes.

 

The legislation will also raise roughly $6 billion in new revenue by targeting executive compensation; under current law, businesses are able to deduct most employees' pay — generally barring that of the CEO, CFO and the three highest-paid officials — from their tax bill.”

 

 

 

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