Tucked into Congress’s massive stimulus bill: Tens of billions in special-interest tax giveaways

Congress on Monday unveiled a 5,593-page spending bill and then voted on it several hours later, with lawmakers claiming urgent action was needed to rescue an ailing economy ravaged by the coronavirus pandemic. But tucked in the bill was over $110 billion in tax breaks that strayed far from the way the bill was marketed to many Americans. These giveaways include big tax cuts for liquor producers, the motorsports entertainment sector and manufacturers of electric motorcycles.

JOIN THE CLUB!

You’ll get a weekly e-mail that includes:

~ Top 10 news stories of the week ~

~ Exclusive deals from our partners & affiliates ~

~ Lottery credits for our prize giveaways ~

&

~ MORE ~