Rep. Nancy Pelosi’s proposed tax cut plan would grant “middle class” benefits to anyone making under $1 million. Cenk asks his Power Panel — David Pakman and Lenny McAllister — whether this is far too conservative — and expensive — a plan to take seriously.
Pakman says, “It’s about 23 times the average per capita income in the U.S., and that’s not going to be stimulative tax cuts.”
McAllister says, “With the presidency at stake, this is something where both sides unfortunately are playing politics to try to trap each other into soundbites that can be used in the election season.”
