A former economic adviser to President Obama ripped House Democrats' plan to give a tax cut to millionaires, especially those in high-tax blue states, calling the proposal "obscene."
Jason Furman, president of the Council of Economic Advisers (CEA) under former President Obama, lambasted the Democrats’ plan to repeal a cap on state and local tax (SALT) deductions, pointing out that multimillionaires would benefit the most from lifting the SALT cap. READ MORE