Democrats' tax bill is loaded with special interest giveaways

Democrats claim they are leading the charge against the wealthy and powerful special interests. Joe Biden says his massive tax increases would only hit the biggest corporations and the rich. In contrast, House Speaker Nancy Pelosi famously criticized the GOP’s 2017 tax cuts as a “Frankenstein monster of loophole and special interest giveaways.”

The tax bill passed by the House of Representatives is the real monster. Now before the Senate, the bill is loaded with billions of dollars of special interest tax giveaways, paid for by tax increases on small businesses and middle-income taxpayers.