White House Phase 4 Rescue Plan: Save the Rich

With two weeks left until the Phase 3 coronavirus rescue package ends, the White House is still dithering over Phase 4:

Return to work bonuses? As COVID-19 cases are skyrocketing? That’s insane. But perhaps not quite as insane as a capital gains holiday, which would—

Do what? Literally nothing except help rich people. Do Republicans just pick this stuff out of a hat every time there’s some opportunity, regardless of what problem they happen to be facing? What else could explain this?

Out of this whole list, the only thing that would directly help the 17 million unemployed is the $600 bonus UI payments, so naturally that’s the one thing Trump wants to cut back. Naturally.

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BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things they don’t like—which is most things that are true.

No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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