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Monday, December 28, 2020

Omnibus Package Includes $135 Billion of Unrelated Tax Breaks | Committee for a Responsible Federal Budget

Omnibus Package Includes $135 Billion of Unrelated Tax Breaks | Committee for a Responsible Federal Budget: The omnibus package includes government funding for the rest of fiscal year 2021 and significant COVID relief, but it also contains $135 billion over ten years of tax breaks not related to either of those priorities. This cost comes from an extension of many tax extenders that have been around for several years and several poorly targeted CARES Act provisions, as well as a

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