Hello, everyone. Here is a quick distillation of what the Mitch McConnell Corporate Relief Bill looks like:
- The wealthy will get more relief than people making under $40,000.
- Corporations can get tax breaks from years before COVID-19, which means write-offs that have nothing to do with the pandemic.
- The bill includes big, permanent tax breaks that will stay in place long after coronavirus is eradicated — perfect for McConnell’s additional corporate tax cuts.
- There is a paucity of funds for public health, yet big bailouts to big companies.
- Hugely inadequate aid to hospitals, state and local public health agencies, and labs (even those workers most at risk)
- No relief for childcare, period
- Zero replacement funding to local governments for lower sales tax receipts.
- Tinkling amount of funding for first responders and law enforcement.
- There is no additional assistance for food banks or nutrition assistance for the nation’s most vulnerable.
It appears that Mitch McConnell’s bill does not offer the relief that those most traumatized Americans need. Is Joni Ernst listening?