I’m guessing that at the end of the day, this was the opening salvo to meet in the middle. Originally, they were talking about rolling it back to $3.5 million. They’ll wind up in the mddle.... around $5 million. The question becomes, do they go Retroactive or from the date of the billcommencement of discussion?
“Opening salvo” — my take exactly.
“Retroactive” — exactly what I’ve been thinking they will do.
This is all huge confiscation of wealth from whitey and handing it to POC. It is reparations by another means — wipe out all inter-generational transfer of wealth.