Treasury Restricts Credits After Guard Shooting, Not Billionaire Tax Evasion
Funny how quickly the government can act when the headline involves a shooting and a specific set of relief funds (for which, by the way, the National Guard is notoriously underfunded anyway). One might wonder where this urgency is when corporate behemoths like Amazon (who paid $0 in federal income tax in 2017 and 2018, according to the Institute on Taxation and Economic Policy) use every loophole
imaginable. Or when Wall Street banks get bailed out after tanking the global economy (again). (OpenSecrets.org confirms billions in lobbying by corporations annually to maintain these very loopholes.) So, a National Guard shooting prompts an immediate Treasury review of tax credits for troops, while the systematic bleeding of billions from public coffers by the ultra-rich through perfectly legal
schemes barely warrants a shrug. Priorities, people. Priorities.