Is this proposed relief the appropriate vehicle for disaster recovery?
Bill Summary
This bill provides certain tax relief for the victims of Hurricanes Harvey, Irene, and Maria, as well as amending certain other statutes. Sponsor: Rep. Brady, Kevin [R-TX-8]
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Opponents say
• By letting the President choose the physical areas benefitted, this is really aid by politics.
• Tax relief benefits the wealthy. What about those who are not fortunate enough to benefit from tax breaks?
• More funds should be devoted to hurricane relief for everyone affected, through FEMA and otherwise.
• Tax relief benefits the wealthy. What about those who are not fortunate enough to benefit from tax breaks?
• More funds should be devoted to hurricane relief for everyone affected, through FEMA and otherwise.
Proponents say
• This legislation will facilitate recovery from the hurricanes by granting enumerated tax benefits to businesses and individuals expending their own funds for repair and reconstruction.
• This bill adds $16 billion to the national flood insurance program and $12.8 billion to FEMA.
• This bill adds $16 billion to the national flood insurance program and $12.8 billion to FEMA.
