Congress Scheme BLOWS UP In Stunning Tax Break As Ban Bombshell Revealed
September 14, 2025
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5:36Now PlayingCongress Scheme BLOWS UP In Stunning Tax Break As Ban Bombshell Revealed
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as posted by the channelCongress unveil new House bill to ban stock trading but it currently has language that would allow for a major tax break for congressional members. John Iadarola and Jayar Jackson break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Congress eyes stocktrading ban with tax break sweetener
"An overwhelming majority of Americans favor banning members of Congress from trading stocks, but efforts to turn that public sentiment into law have long sputtered.
That’s because the lawmakers who would have to approve any overhaul of congressional investing stand to suffer considerable financial impacts — not least of which are potentially hefty tax liabilities if they are forced to sell off long-held stocks.
Now the issue is coming to a head with a new House bill that has a strange-bedfellows coalition of hardcore conservatives and good-government liberals behind it, and they are hoping they can convince their more skeptical colleagues to accept some new financial realities."
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