detourdog parent
The maneuver seems to be to offset tax cuts this budget year. I think they need to set a precedent so they can offset tax cuts through subsequent years.
I doubt anyone behind this legislation cares about offsetting tax cuts. This isn't about raising money--it's about transferring assets from the public into wealthy, private hands, like these guys[1]. It's always about that.
I agree with the general sentiment, but it’s worth pointing out that this is a drop in the bucket compared to the tax cuts, AFAIK :(