Congress must repeal tax breaks for the wealthy passed in CARES Act | TheHill

Addressing the coronavirus pandemic and its economic consequences is our highest priority. Too many lives have been upended by the disease and the incompetent and halting response to it by the Trump administration. Unfortunately, we can always count on those with special interests to take advantage of a crisis, often out of the public eye. I am one of several members of Congress who object to the tax break for millionaires that was surreptitiously placed in the CARES Act by Treasury Secretary Steven Mnuchin and Senate Republicans. I joined Rep. Lloyd Doggett of Texas, Rosa DeLauro of Connecticut, Jamie Raskin of Maryland and Sens. Sheldon Whitehouse of Rhode Island and Sherrod Brown of Ohio in April in introducing a measure to repeal these obscene tax breaks that have little to do with the pandemic or related business losses since pre-pandemic losses back to 2018 are made eligible.....

https://thehill.com/blogs/congress-blog/politics/521999-congress-must-repeal-tax-breaks-for-the-wealthy-passed-in-cares