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Old 08-11-2022, 10:09 AM   #6
nonniey
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Join Date: Sep 2011
Location: AZ
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Re: The Most Fresh & Cordial Political Thread Ever

Quote:
Originally Posted by Chico23231 View Post
The Inflation reduction act….which is a lie to begin with, it doesn’t lower inflation….

Will raise taxes on everyone, confirmed:

The bipartisan Joint Committee on Taxation calculated that, altogether, the bill will raise taxes on every income bracket and that people making less than $400,000 a year will bear most of the total tax increase.

Feel free to check the facts here:
https://www.finance.senate.gov/imo/m...uction_act.pdf

So during a recession, facing historic inflation spurned by the American Rescue plan and Biden energy policy, now he will raise taxes on Americans working the hardest.
The IRS currently has 75K people. In an un-friggen-believable move this bill increases the IRS by 87K people. Yes that's right a more than 110% expansion of the IRS. When was the last time any department grew by that much? I don't recommend anyone itemizing on their taxes anytime soon.
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