Pelosi looking for a bailout of her rich freinds and herself.

Bird Dog

Bird Dog
PREMO Member
https://www.foxnews.com/politics/pelosi-pushes-new-stimulus-that-would-help-wealthy-locales-including-her-district-with-salt-
A 2019 report from the Joint Committee on Taxation projected that of those who would face lower tax liability from the elimination of the SALT cap – which only affects those who itemize tax deductions – 94 percent earn at least $100,000. The government would lose out on $77.4 billion in tax dollars, with more than half of that amount being saved by taxpayers earning $1 million or more. Those earning more than $200,000 would reap most of the balance.

California's 12th congressional district, which Pelosi represents, is among the wealthiest in the U.S., with a median income of $113,919, according to census data. The average household income is $168,456 -- meaning most residents would benefit from any significant cut to SALT.

Pelosi and her husband have a property tax liability of approximately $198,337.62 considering their two homes, a winery and two commercial properties, public records show, indicating that the couple could reap substantial benefits in the event of a full SALT repeal.

Pelosi's 2020 property taxes in Washington, D.C. totaled $13,997.20 on her Georgetown condo and garage, valued at $1,646,730. Her San Francisco property taxes totaled $51,480.02 -- plus $47,631.98 from her Napa winery, $64,874.66 from a San Francisco commercial property, and $20,353.76 for another building. Property taxes for businesses and other commercial ventures generally have not been affected by SALT provisions.
 

vraiblonde

Board Mommy
PREMO Member
Patron
Does this surprise anyone?

But hey, we should trust our politicians and do as they say.
 

Hijinx

Well-Known Member
This cannot be true.
How can the head Democrat, The HMFIC of the Democrat party want a tax break when the Democrats are crying to raise taxes..
When they pissed and moaned for days about Trumps tax cut.
When they want to spend TRILLIONS on environmental whacko subjects

No: This has to be a mistake. Nancy would never try to profit from her position as Speaker of the House.
She never has. Well maybe just a little. Her daddy the corrupt ex-Mayor of Baltimore didn't leave her the fortune she now enjoys.
And after all she pays her Employees in Samoa and her non-union hotel employees so well.
 

kom526

They call me ... Sarcasmo
And now you know why Nan and Adam are pushing for this new subcommitte re: the WH Wuhan Flu response. Keep your eye on the ball.
 

WingsOfGold

Well-Known Member

Hijinx

Well-Known Member
You mean THIS one???
This will be another effort to get Trump.
Only Helen Keller and Stevie Woder can't see that.

More wasted money on BS Committee hearing and subpoenae's and the usual Democrat hate.
 

WingsOfGold

Well-Known Member
This will be another effort to get Trump.
Only Helen Keller and Stevie Woder can't see that.

More wasted money on BS Committee hearing and subpoenae's and the usual Democrat hate.
If Trump plays it smart he can break it off in their asses.
 

Hijinx

Well-Known Member
These people like Pelosi----Schiff---Chuck the Schmuck, are hurting America.
We already know they are against the peaceful transition of power after an election.
We already know they will use impeachment as an effort to force a coup de tat.
We already know that despite their crazed Speaker of the House's interpretation of the Constitution, that the actual Constitution is abhorrent to them.
We can see that it is abhorrent to them by watching their efforts to take away the rights that it guarantees us.

And yet so many Americans put these people in place.
I fear for an America we will get the nxt time we get a Democrat President and Congress.
 
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