Democrats can’t be the party of both the working and the millionaire classes – Bangor Daily News
The BDN Opinion section operates independently and does not set newsroom policies or contribute to reporting or editing articles elsewhere in the newspaper or onbangordailynews.com.
Jared Golden represents Maines 2nd Congressional District in the U.S. House of Representatives.
For years, Democrats have made promises to American voters: Elect us, and we will lower the cost of prescription drugs. Elect us, and we will expand access to affordable health care. Elect us, and we will strengthen labor laws to protect the rights of workers. Elect us, and we will deliver important, common-sense reform to make life better for people in the working middle class.
Last week, we found out that Democratic party leaders also have been making other promises, this time to the donor class: A $275 billiontax break for millionaires and the very wealthy over five years. This giveaway is engineered by lifting the cap on the state and local tax deduction.
The factsof this proposal arent subject to serious dispute. Just 1.2 percent of the tax cuts would go to the lowest 60 percent of earners: those making less than $96,000 a year. Their average tax cut: less than $7 a year. Meanwhile, millionaire households would receive tax cuts averaging $15,590 a year.
That much money going to rich people adds up quickly. In fact, its the largest single provision within the Build Back Better Act right now. State and local tax deduction proponents are sticking to a misleading claim that their proposal would be paid for by extending the cap beyond its current expiration date of 2025. This offset looks good on paper, but it is largely a shell game that masks the true cost of this scheme, an increase in the debt of more than half a trillion dollars over the next decade.
To add insult to injury, this provision applies retroactively, allowing wealthy people to rake in windfalls from the past year, while the programs in the Build Back Better Act that would help working middle class people like capping out-of-pocket prescription drug costs for seniors are delayed or expire after just a few years.
This should be an outrage to working middle class Americans. I know it enrages me. Fighting for the working middle class shouldnt first require a payoff to the millionaire class. Cleaning up the environment shouldnt start with a political bribe to the millionaire CEOs who get rich polluting it. We should be able to put money in the pockets of working families without stuffing cash in the pockets of millionaire campaign donors. I reject this tradeoff its a sham and its just one more sad example of the corrosive force of money in politics.
Theres a lot to like in the Build Back Better Act. Think what could be done with these hundreds of billions of dollars if we decided not to shower it on the rich. The child tax credit expansion only runs for a single year under this bill. Lets put the money toward a longer expansion. The bill isnt fully paid for, as the president promised it would be. Lets change that and commit to a bill that reduces the nations annual budget deficits. There are a thousand better ways to invest this money than to shell it out to millionaires.
The fact that this tax break has slipped through the seams into this legislation is proof of the corrupting influence of money in politics. The top beneficiariesof this provision are big contributorsto political campaigns in states like New York and California. Im not afraid to call this pay-to-play scheme out, and I voted against it. Unfortunately, last week, I was on my own.
The good news is that its not too late to fix this terrible deal. The state and local tax giveaway was never part of the presidents agenda his agenda has been hijacked. The bill is now headed to the Senate, where it needs the support of every member of the Democratic caucus to pass. Fortunately, several senatorshave spokenout in strong opposition to this giveaway.
I support negotiations to limit state and local tax cap relief to middle class households, and will be talking with these senators and the White House to try to fix this extremely misguided policy. The child tax credit proposal already in the bill which allows households making up to $150,000 a year to claim the full enhanced credit before phasing it out could provide a good blueprint for how to better target the deduction. We could use that same criteria to ensure that only working middle class families are getting tax relief through the state and local tax deduction.
Democrats have to make a decision: are we the party of the working class or the party of the millionaire class? We cant be both.
More articles from the BDN
Read this article:
Democrats can't be the party of both the working and the millionaire classes - Bangor Daily News
- Democrats unflinching in shutdown strategy, blaming Trump with millions at risk of losing food aid - CNN - October 28th, 2025 [October 28th, 2025]
- These Two Democrats Were Runaway Favorites. They Havent Sealed the Deal. - The Wall Street Journal - October 28th, 2025 [October 28th, 2025]
- Democrats get aggressive on remapping congressional lines - Politico - October 28th, 2025 [October 28th, 2025]
- Bookman: Democrats have a chance to flip governor's seat in Georgia, with the right candidate - Georgia Recorder - October 28th, 2025 [October 28th, 2025]
- Democrats on the Graham Platner controversy - WHYY - October 28th, 2025 [October 28th, 2025]
- Democrats dig into Army Corps project funding freezes - E&E News by POLITICO - October 28th, 2025 [October 28th, 2025]
- Democrats move forward with new 2028 calendar - Politico - October 28th, 2025 [October 28th, 2025]
- Democrats plan to sue over food aid as GOP splits on legislative patch - Politico - October 28th, 2025 [October 28th, 2025]
- A democratic socialist is poised to become New York mayor. Democrats are nervous. - The Washington Post - October 28th, 2025 [October 28th, 2025]
- Hundreds of People With Top Secret Clearance Exposed by House Democrats Website - WIRED - October 28th, 2025 [October 28th, 2025]
- How Abigail Spanberger and Mikie Sherrill hope to redefine Democrats in Virginia and NJ - USA Today - October 28th, 2025 [October 28th, 2025]
- Democrats Just Lost a Key Ally in the Shutdown Fight - New York Magazine - October 28th, 2025 [October 28th, 2025]
- As Democrats begin to set 2028 primary calendar, NH readies its case to lead off - New Hampshire Public Radio - October 28th, 2025 [October 28th, 2025]
- Top Democrats hit with brutal wake-up call on quest to take on Trump: Better listen - NJ.com - October 28th, 2025 [October 28th, 2025]
- Virginia Democrats are set to join the redistricting war. Their candidate for governor is staying out of it - CNN - October 28th, 2025 [October 28th, 2025]
- AFGE, largest federal workers' union, calls for end to shutdown, putting pressure on Democrats - NBC News - October 28th, 2025 [October 28th, 2025]
- If Democrats want to win, they need to start driving in the middle lane - The Hill - October 28th, 2025 [October 28th, 2025]
- Democrats ACA Subsidy Fight Is Really About Red States - NOTUS News of the United States - October 28th, 2025 [October 28th, 2025]
- Democrats Say Federal Workers Dont Want Them to Cave. Their Union Says Otherwise. - NOTUS News of the United States - October 28th, 2025 [October 28th, 2025]
- Is New Yorks Zohran Mamdani the future of the struggling US Democrats? - South China Morning Post - October 28th, 2025 [October 28th, 2025]
- Congresswoman Escobar, House Democrats Call on Trump Admin to Use SNAP Reserve Funding to Continue November Benefits Without Interruption -... - October 26th, 2025 [October 26th, 2025]
- Democrats can renovate the White House the right way when theyre in power - San Diego Union-Tribune - October 26th, 2025 [October 26th, 2025]
- Democrats Troll Grinch Melania Trump Over East Wing Destruction - Yahoo - October 26th, 2025 [October 26th, 2025]
- The GOP expected Democrats to relent on the shutdown by now. That isn't happening. - NBC News - October 24th, 2025 [October 24th, 2025]
- How Big Tent Are Democrats Willing to Go? - The Atlantic - October 24th, 2025 [October 24th, 2025]
- Opinion | How Can Democrats Win Back the Working Class? - The New York Times - October 24th, 2025 [October 24th, 2025]
- Virginia Democrats aim to redraw maps to help party gain seats in Congress - The Guardian - October 24th, 2025 [October 24th, 2025]
- Democrats Vote to Abandon Active Duty Military Members - Congresswoman Jen Kiggans (.gov) - October 24th, 2025 [October 24th, 2025]
- GOP attempts to squeeze Democrats with vote to pay essential workers, including troops and TSA agents - CNN - October 24th, 2025 [October 24th, 2025]
- Virginia Democrats are the next surprising entrant into the redistricting battle - Politico - October 24th, 2025 [October 24th, 2025]
- Democrats ask Tennessee governor to cover aid for 690,000 imperiled by shutdown - Chattanooga Times Free Press - October 24th, 2025 [October 24th, 2025]
- New Britain Democrats Talk Staffing, Funding and Resources in Run for Board of Ed - CT Examiner - October 24th, 2025 [October 24th, 2025]
- Top Democrats demand details of spy agencies role in boat strikes - The Washington Post - October 24th, 2025 [October 24th, 2025]
- IN THE STATES: With Less Than Two Weeks to Election Day, Democrats Are Fired Up and Ready to Win Across the Board - democrats.org - October 24th, 2025 [October 24th, 2025]
- Gov. Shapiro heading to New Jersey, Virginia to help Democrats running for governor - Pittsburgh Post-Gazette - October 24th, 2025 [October 24th, 2025]
- Ritz on CSPAN: Democrats and Fiscal Policy - Progressive Policy Institute - October 24th, 2025 [October 24th, 2025]
- Democrats Block Federal Worker Pay Bill as Shutdown Drags On - The New York Times - October 24th, 2025 [October 24th, 2025]
- Trump's White House ballroom will be a boon for us. Why are Democrats so triggered? | Opinion - USA Today - October 24th, 2025 [October 24th, 2025]
- Redistricting forces Houston Democrats of color to compete - The Texas Tribune - October 24th, 2025 [October 24th, 2025]
- Brandon McGinley: Democrats will regret trying to oust John Fetterman - Pittsburgh Post-Gazette - October 24th, 2025 [October 24th, 2025]
- Democrats Reckon With Digital Fundraising Tactics Ahead of 2026 - Campaigns & Elections - October 24th, 2025 [October 24th, 2025]
- Chicago Democrats hold shadow hearing on Trumps immigration crackdown - FOX 32 Chicago - October 24th, 2025 [October 24th, 2025]
- Maryland Democrats hear from federal workers at Bowie town hall - WTOP - October 24th, 2025 [October 24th, 2025]
- Democrats call on 'disengaged' Trump to get involved to end shutdown - NBC News - October 23rd, 2025 [October 23rd, 2025]
- Schumer blocks 12th GOP bid to reopen government as Trump says Democrats 'lost the negotiation' - Fox News - October 23rd, 2025 [October 23rd, 2025]
- Opinion | Are These the Two Women Who Can Turn It Around for Democrats? - The New York Times - October 23rd, 2025 [October 23rd, 2025]
- Democrats Keep Falling for Political Fantasies. When Will They Learn? - Politico - October 23rd, 2025 [October 23rd, 2025]
- The buzzy word that Democrats have pinned their hopes on - vox.com - October 23rd, 2025 [October 23rd, 2025]
- Karine Jean-Pierre on why she left the Democrats and calls herself independent - NPR - October 23rd, 2025 [October 23rd, 2025]
- Could Democrats win the shutdown standoff? Theyre still winning the blame game - CNN - October 23rd, 2025 [October 23rd, 2025]
- Despite the Democrats Government Shutdown, ICE Arrests the Worst of the Worst Including Pedophiles, Carjackers, and Gang Members - Homeland Security... - October 23rd, 2025 [October 23rd, 2025]
- Despite Democrats Government Shutdown, ICE Arrests the Worst of the Worst Including Pedophiles, Child Abusers, and Sexual Predators - Homeland... - October 23rd, 2025 [October 23rd, 2025]
- Democrats call on Rubio to help secure release of Palestinian-American teen held in Israeli prison - The Guardian - October 23rd, 2025 [October 23rd, 2025]
- Fetterman breaks with Democrats over shutdown, vows to put 'country over party' - Fox News - October 23rd, 2025 [October 23rd, 2025]
- Despite Infighting, Democrats Can Still Unite Around One Common Goal - American Enterprise Institute - AEI - October 23rd, 2025 [October 23rd, 2025]
- Scalise Calls Out Democrats Prioritizing Hatred of Trump Over the American People - Congressman Steve Scalise (.gov) - October 23rd, 2025 [October 23rd, 2025]
- Review | In her new book, Bidens former press secretary lets Democrats have it - The Washington Post - October 23rd, 2025 [October 23rd, 2025]
- Chairman Comer Blasts Democrats for Smears Against President Trump, Urges Them to Reopen the Government - House.gov - October 23rd, 2025 [October 23rd, 2025]
- Democrats warn Trump team against weaponizing the IRS - The Washington Post - October 23rd, 2025 [October 23rd, 2025]
- Watch live: House Democrats weigh impacts of ongoing government shutdown - The Hill - October 23rd, 2025 [October 23rd, 2025]
- Scoop: Infuriated Democrats ramp up battle with Mike Johnson over seating Grijalva - Axios - October 23rd, 2025 [October 23rd, 2025]
- SNAP Benefits: Fetterman Issues Government Shutdown Warning to Democrats - Newsweek - October 23rd, 2025 [October 23rd, 2025]
- Assessing Mike Johnsons Claims About Democrats and the Government Shutdown - The Dispatch - October 23rd, 2025 [October 23rd, 2025]
- Want to Know Who Is Winning the Democrats Civil War? Follow the Money. - The Free Press - October 23rd, 2025 [October 23rd, 2025]
- In Texas special election, Democrats try to beat opponents and voter confusion - Roll Call - October 23rd, 2025 [October 23rd, 2025]
- Letters: Publishing opinion that demonized Democrats stokes divisions - NOLA.com - October 23rd, 2025 [October 23rd, 2025]
- Democrats call for a hearing on the use of the military on alleged drug boats - NPR - October 23rd, 2025 [October 23rd, 2025]
- Don't count on a blue wave in midterms. Most Americans say Democrats are 'weak.' | Opinion - USA Today - October 21st, 2025 [October 21st, 2025]
- Senator Marshall: Its Time for Democrats to Come to Their Senses - Senator Roger Marshall (.gov) - October 21st, 2025 [October 21st, 2025]
- E&E News: Why Trump and Democrats are wrong about rising electricity prices - POLITICO Pro - October 21st, 2025 [October 21st, 2025]
- Democrats aren't just 'caving' to the far left, they're 'bowing down' to them: Sen. Roger Marshall - Fox Business - October 21st, 2025 [October 21st, 2025]
- Opinion | Zohran Mamdani and the Democrats - The Wall Street Journal - October 21st, 2025 [October 21st, 2025]
- Crypto's Half-finished Legislative Agenda Teeters as CEOs Set Meeting With Democrats - CoinDesk - October 21st, 2025 [October 21st, 2025]
- As the Shutdown Drags On, Democrats Talk With Crypto CEOs - Bloomberg.com - October 21st, 2025 [October 21st, 2025]
- Opinion: Democrats must stop the political games, end shutdown - The Detroit News - October 21st, 2025 [October 21st, 2025]
- Another week, more freefall of Democrats voter registrations - The Center Square - October 21st, 2025 [October 21st, 2025]
- Why Trump and Democrats are wrong about rising electricity prices - E&E News by POLITICO - October 21st, 2025 [October 21st, 2025]
- Democrats have an advertising advantage in this year's biggest elections - NBC News - October 21st, 2025 [October 21st, 2025]
- Democrats hold a key edge in the November elections: From the Politics Desk - NBC News - October 21st, 2025 [October 21st, 2025]
- GOP federal candidates outraise Democrats in Iowa with one exception - TelegraphHerald.com - October 21st, 2025 [October 21st, 2025]