Nancy Pelosi has snuck a tax exemption into Biden’s Build Back Better legislation & who it helps is extremely telling.

Costing taxpayers $1.6 billion, the Dem's, led by Pelosi, have given a $50,000 per journalist tax credit to news org's, The Washington Times reported.

A new analysis of the legislation by the Joint Committee on Taxation, a special congressional panel made up of 10 senior lawmakers from both chambers of Congress, found that taxpayers would be on the hook for more than $1.6 billion if the tax credit becomes law.
It would allow “local news” outlets to receive a quarterly tax credit, “equal to 50%” of a journalist’s wages up to a cap of $12,500-per-quarter.

Overall, eligible outlets could receive up to $50,000 annually per journalist in tax breaks thru the program in its 1st year. In subsequent years, the credit would drop to 30% of a journalist’s wages per quarter. Dem's propose to let the tax credit expire after 5 years unless Congress votes to renew.