California Senator Dianne Feinstein, the ranking Democrat on the powerful Senate Judiciary Committee, is not happy with the tax cut bill Republicans in the House and Senate have agreed to. However, unlike most Democrats, Feinstein isn’t engaging in the usual attack her party unleashed on tax cut — that it will only help the rich — instead, she’s complaining that the bill would harm some of the wealthiest Californians.
On Sunday afternoon Feinstein tweeted, “The Republican tax bill caps the mortgage interest deduction at $750,000 for new mortgages. In California, seven counties have average home prices that are more than $750,000: Alameda, Marin, Orange, San Francisco, San Mateo, Santa Clara and Santa Cruz counties.”
The Republican tax bill caps the mortgage interest deduction at $750,000 for new mortgages. In California, seven counties have average home prices that are more than $750,000: Alameda, Marin, Orange, San Francisco, San Mateo, Santa Clara and Santa Cruz counties. #GOPTaxScam
— Sen Dianne Feinstein (@SenFeinstein) December 17, 2017
The California counties Feinstein cited are some of the wealthiest in the country, and their property values reflect that fact.
The average home price in the United States is just under $200,000.
Feinstein lamenting higher taxes on some of the the wealthiest people in the country did not go unnoticed on social media.
When did Democrats become the party of the rich? The Age of Trump is so confusing. https://t.co/bGGPg1UpSb
— Erick Erickson (@EWErickson) December 17, 2017
Please, won’t someone think of the Marin County mansion ownershttps://t.co/8EuGZC8Jqx
— David Burge (@iowahawkblog) December 17, 2017
It truly is an assault on the working poor. https://t.co/MYjd5Ok1zW
— Daniel Foster (@DanFosterType) December 17, 2017
Democratic senator says GOP tax bill doesn’t do enough to help the rich: https://t.co/E4pgs6pK30
— Binyamin Appelbaum (@BCAppelbaum) December 17, 2017
Feinstein wasn’t the only liberal to complain about how wealthy Americans might not be as advantaged by the GOP tax bill as Democrats had perviously stated. Liberal writer and MSNBC contributor Kurt Eichenwald worried that someone earning $20 million per year in a blue state would see their taxes increase under the bill, but would get a tax cut if they lived in red states because of the lower state income tax rates and the limited deductibility of state and local taxes under in the bill.
Just checked my taxes on https://t.co/jkou802O2h, @SenBobCorker.
My taxes go UP $1,957.
I don’t care about the money. I just care that you are willing to sacrifice all your principles so I can pay to wreck my children’s lives and force them to pay OUR bills.
— Kurt Eichenwald (@kurteichenwald) December 17, 2017
Wow. I took the same guy earning $20 million a year (top 1%). Did nothing but change his residence from a blue state to a red state.
Blue state: His taxes go UP by $239,465
Red state: His taxes go DOWN by $462,709.Could the immoral intent here be more obvious, @SenBobCorker?
— Kurt Eichenwald (@kurteichenwald) December 17, 2017
Eichenwald’s solution differs greatly, however, from anything any elected Democrat has proposed — dissolving the United States.
I believe that, if the Republicans continue to insist that blue states finance red states (since red states are net takers on the budget and blue states net givers), then cut the taxes for red states to INCREASE the disparity, the time has come for America to dissolve.
— Kurt Eichenwald (@kurteichenwald) December 17, 2017
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