The Inflation Reduction Act doesn’t reduce inflation

By Conn Carroll

Published July 31, 2022 2:08pm ET

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The Inflation Reduction Act doesn’t reduce inflation — The Inflation Reduction Act does a lot of things. It raises taxes on almost everyone, including those who make less than $10,000 a year. It gives billions to the wealthy to help them buy electric cars. It raises taxes on those producing energy on public lands. And it gives tens of billions to health insurance […]

The Inflation Reduction Act does a lot of things. It raises taxes on almost everyone, including those who make less than $10,000 a year. It gives billions to the wealthy to help them buy electric cars. It raises taxes on those producing energy on public lands. And it gives tens of billions to health insurance companies.

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Federal Spending Inflation Joe Biden Joe Manchin Taxes Washington D.C.