SCOOP: Senators just quietly added a line to Trump's tax bill that gives private equity billionaires a tax break rewarding them for buying your company, loading it up with debt, slashing your pay & then firing you & your fellow workers.
https://www.levernews.com/wall-street-gets-a-trump-tax-break-to-fire-workers/
Wall Street Gets A Trump Tax Break To Fire Workers

Lawmakers quietly added a line that effectively subsidizes Wall Street buying up companies, slashing wages, closing factories, and firing workers.

The Lever

This is one of the main causes why decades-old companies go broke.

They are purchased as part of a financial game: sell everything and take on debt.

And now the GOP wants to support this even further by adding a tax break in the Trump bill?

Taxpayers must be pleased to support billionaires firing people from companies that were often healthy and had a healthy balance sheet. Until they came.

My only response:

@davidsirota
#USA #Theft #GOP #Trump

@paulschoe @davidsirota So the MAGA cult has introduced laws to break all laws: project 2025? It is so absurd, that any could be content with Trump’s extreme corruption, sedition, lying, grifting, taking bribes, bribing, weaponising hate and fear, stealing tax payers money and extortions. All so criminals can be rewarded and any who are not get arrested, shot at, assassinated, stollen from, tortured and or expelled. Donald’s Insurrectionist Criminal Knobs and Reform set to do the same! Making America’s Greatest Asshole; MAGA a CIA, NSA, FBI or FSB, SVR GRU code name? #GrimFutures #DeathCults #MAGAMuck #BreakingTheEU #OligarchsSpawn #MAGA #USABroke #USDictatorship #UKDictatorshipNext #Oligarchs #OligarchsCreepShow #EcocideEmpire #PutinLaughing