
Episode 211 PREVIEW - Democrats in Disarray with David Dayen
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Prescription Drug Price Reform - The Quid Pro Quo
This is really a benefit for wealthy people in high taxed statesa california, new jersey, new york. 400 billion of those dollars will go to the top five % of income earners. You can't actually get the state and local tax deduction unless you itemize your deduction. So that knocks out most people. The same individuals who have been agitating for it, particularly the new jersey representatives like josh cotheimer and senator robert menendez,. We're exactly the same people who were agitating for a less aggressive prescription drug reform, or no reform at all. That's what's going on here.
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