House passes tax bill

It passed with bi-partisan support, 357 to 70. However 23 Democrats voted against it because it "provides millions of dollars in tax relief for the wealthy and pennies for the poor." In particular the Child Tax Credit (CTC) is reduced from the 2021 expansion. 

The difference between what the richest get in tax breaks is astounding, revealing our priorities: "The poorest 20% of families would receive just $60 on average, while the richest .1% get an average of $57,530 in tax breaks." E.g., Meta's tax rate goes from 25% to -2%. Most Democrats though signed on as at least the struggling get some CTC support. But again, it's crumbs that don't meet the needs of those who need it  most.