Pelosi Includes Massive Tax Break For The Rich In New $3 Trillion Coronavirus Relief Package

Speaker of the House Nancy Pelosi and House Democrats introduced Tuesday the text to their $3 trillion coronavirus relief package, which includes a massive tax break for the rich.

According to reports and the text, the “Heroes Act” gives $100,000 on average to people who make more than $1 million a year. The House Democrats’ 1,815-page package repeals the $10,000 state and local tax deduction (SALT) cap, which allows taxpayers in high-tax states to deduct local tax payments on federal tax returns.