WASHINGTON - In the early morning hours of March 6 as the Senate’s “vote-a-rama” on the $1.9 trillion COVID package ended, Majority Leader Schumer introduced a final amendment which included text that would ban states from cutting taxes until 2024 if they take any federal funds from the package.
Senator Mike Braun today introduced the Let States Cut Taxes Act, a bill to make sure Democrats don’t get away with this scheme to stop states from further opening their economies and allowing Americans to keep more of what they earn through tax cuts.
“Democrats are trying to ban states from cutting taxes with a sneaky amendment to the $1.9 trillion so-called COVID relief package,” said Braun. “Not only did this blue state bailout bill penalize states for reopening by calculating state funds based on unemployment, now they are trying to use it as a back door to ban states from cutting taxes. My bill would make sure they don’t get away with it.”
“Democrats in Congress aren’t satisfied with spending $1.9 trillion to help blue states and union friends. They’ve also launched a sneak attack against conservative states. Read their legislation’s lips: No new state tax cuts. That’s the news from a provision added last week by Senate Democrats that limits how states and localities can use their $360 billion windfall. States can use the loot to provide government services, cover revenue losses during the pandemic and “respond to the public health emergency” or ‘its negative economic impacts, including assistance to households, small businesses, and nonprofits, or aid to impacted industries such as tourism, travel, and hospitality.’” (Wall Street Journal, March 9)
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