Special tax carve-outs for everyday Americans are suddenly all the rage in Congress.
What began with President Donald Trump’s signature tax cuts has sprung copycats, with lawmakers from both sides of the aisle proposing breaks on virtually everything — from boat loan interest to selling New Jersey swag.
“Must be an election year,” Rep. David Schweikert, a retiring tax writer.
It’s all part of lawmakers’ push to show they’re responding to voters’ affordability concerns ahead of the midterms, despite the mixed reviews for last year’s GOP tax cuts — even from Trump supporters.
The slew of targeted tax break proposals are modeled and named after some of the best known...
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