In March, Donald Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provided cash payments of $1,200 to about 150 million households needing help with day-to-day expenses.

Yet that was peanuts compared to the “millionaires’ giveaway” that Senate Republicans snuck into the legislation. Buried in the bill was language giving 43,000 of the nation’s richest people an average tax break of $1.6 million each.

This corporate charity allows real estate developers, hedge fund owners and other financiers to use business losses from past years—losses that have nothing to do with COVID-19 and exist largely on paper—to reap huge refunds.

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Millionaires and billionaires, some of whom rode out the pandemic in the comfort of yachts and secluded island retreats, need no relief. But they’ll gladly loot the public treasury at the expense of Americans who kept government offices open, worked in factories or did other essential work before losing their jobs in the economic downturn.