Suck it, Nancy! House GOP Introduces CRUMBS Act
Nancy "Crumbs" Pelosi really stepped in it with her obsessive opposition to tax cuts. Brutal, really (see Report: Middle America Likes Their ‘Crumbs.’ Don’t Tell Nancy Pelosi… and Nancy Pelosi vs Reality on the Trump Tax Cuts). A Congressman from Indiana wants her to never forget it with the CRUMBS Act.
Some days, it just doesn't pay to be the greatest Democrat leader who has ever lived.
Rep. Todd Rokita, R-Ind., has dubbed his bill the "Creating Relief and Useful Middle-Class Benefits and Savings" -- or "CRUMBS" Act. Pelosi, D-Calif., famously referred to the bonuses as "crumbs" in criticizing the tax plan last month.
"Americans are receiving thousands of dollars in bonuses and more money in their paychecks thanks to President Trump's tax reform, but out-of-touch Democratic leaders believe they only amount to crumbs," Rokita said in a statement. "The CRUMBS Act will let Americans keep more of the money they receive as a result of President Trump's tax reform, and allow them, not the government, to choose how best to spend their bonuses
Rokita's bill would make bonuses received by workers in 2018 tax-free up to $2,500. Since tax reform was signed into law this past December, multiple companies have given out bonuses and pay raises in anticipation of increased tax savings.
Wait, TAX FREE BONUSES? But that will just steal MOAR money from the government!
Except of course for the fact in January, we took in more taxes than we spent.
In the history of the world, no one has been wronger about anything than Cruela dePelosi has been wrong about cutting Middle Class taxes. What a lass. #HistoryMade