Senate passes the Inflation Reduction Act
(media.kotakuinaction2.win)
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Can someone explain to me which part of any of this is supposed to reduce inflation?
Technically the large tax hikes might reduce inflation by crashing the economy. Can't have "too much" money when nobody has money.
Also $80 billion to double the number of tax audits because apparently the libs didn't learn how the American people hated the IRS with a burning passion. Lighting $80 billion on fire as a way to try to crack down on and harass the rich.
Imagine how fucking stupid the libs have to be, when this is the last bill they might be able to pass on a party line vote for potentially 10+ years, and what do they waste it on? Hundreds of billions of dollars in additional wind and solar subsidies AFTER wind and solar already dominate new power plant construction to the point where it is causing serious failure points in the grid thanks to a lack of base load plants (such as in Texas).
Fuck Joe Manchin for letting this shit through. Elections matter. Trump caused this bill to pass because he cost Republicans the Georgia special senate elections. Had the Republicans won just 1 of those seats, which they would have but for all the "stolen election" bs causing Rs to stay home, it would have saved our country from something like 7-8 TRILLION in additional wasteful spending these past 2 years.
At least this should be the last of it.
The rich?
The Democrat mentality is that taxes only really affect the rich.
Of course the IRS loves to target Republican constituencies like small business owners.
I tell this to my wife all the time; we're completely average in terms of income and assets, therefore to 50% of the people in the country we are "rich."
They will soak the middle, count on it.
Suburban residents.