Maybe not. Perhaps the non-climate aspects of the bill were concessions to get to the 50 votes. There's also an efficiency of consolidating legislation.
I wasnt trying to "whatabout" coco. I'm pointing out that these bills arent really about focusing on our needs. They are about political grandstanding. The who idea often of sticking non starters into bills is so the proposing side can say the other side voted against it. This isn't a whatabout. It's equally bad on both sides. Its the way our government has worked for a very long time. Power is our strongest of drugs.
It said the act’s effect on inflation would be negligible, but I think everyone knows it’s just messaging with democrats finally taking a page from the republicans messaging playbook. As far as raising taxes in all brackets goes it’s a yes and a no. According to the Congressional Budget Office the Act gives the under-staffed IRS more money to go after tax cheats who may be making less than $400K per year. However it doesn’t raise taxes on all tax brackets as you state.
A couple of things. Blacks are a minority so don’t separate them from the minority label. Also it’s insulting to imply that it’s the minorities who are the tax cheats. People are catching on to the fact that republicans are lying as you just did, so do better.
LOL. Look, the IRS is targeting minorities(blacks included). Sucks for minorities. You can make up crap and say they are targeting rich white tax cheats, but the data shows WHO the IRS targets. So do better LOL.
Fine, show me your evidence that what you’re saying isn’t some made up thing you pulled out of your butt.
I did already. You just want to keep your head in the sand. Let's see if you change your mind LOL. We all know you will either ignore the data or make up some bs that only partisans will believe.
He didnt "imply" anything or call them tax cheats. He said the IRS targets them disproportionately and gave data to prove it.
I'm used to posters making outlandish claims when i provide data. They have no answer and lash out at me instead. It's cheaper for the IRS to target the poor who can't afford lawyers and accountants. They go after rich people, they will fight back and the odds aren't as good as the poor who they can steamroll.
755-page Senate Bill that offers zero inflation reduction and new taxes that are hurtful in a time of stagflation: ERN22410 (senate.gov) 1. The 15% corporate minimum tax will be passed on to us, the American people, in the form of higher prices on goods and services. 2. The increased taxes on small businesses earning $400,000 or more that are the backbone of job creation will be passed on to the American people as well with the added benefit of loss of job creation in those businesses that cannot increase their prices due to competition. 3. Taxes on non-renewable energy will drive up the cost of all fossil fuel energy used and is a direct and continued attack in the Biden Administration war on fossil fuels with the intent of putting them out of business sooner rather than later. 4. Bottom line, the first 18 months of the Biden Administration has been a massive screw job committed against the American people. The screw job is only going to get worse with higher and higher inflation and higher and higher interest rates. Put Vaseline on your corncobs the Biden Administration and democrats are giving you. You'll still be screwed, but maybe it won't hurt as bad.
this supply side inflation will abate when the supply chain catches up. Not sue how to increase supply of refined fuels so high prices will ahve to decrease demand for fuel to come down but the rest of the index looks good. Hopefully this gives you hope for inflationary pressures to decrease. btw, neither political party can take credit for this decrease in supply side pressure just like neither party could take blame for the increase in supply side pressures. getting the ports opened and functioning certainly helps but not sure if politicians had anything to do with that or not Global supply chain stress at 18-month low in July, NY Fed's index shows | Reuters Aug 4 (Reuters) - Stress on global supply chains eased in July to the lowest level since January 2021 as port congestion and other snags eased, the New York Federal Reserve reported on Thursday, in its latest update to a worldwide index of supply problems. It was the third straight month of declines in an encouraging sign for U.S. Federal Reserve policymakers who are keen for supply chain issues to ease in order to help tame inflation, which is running at a four-decade high in the world's largest economy. The regional bank's Global Supply Chain Pressure Index incorporates data on shipping costs, delivery times, backlogs and other statistics into a single measure compared to historical norms. The index is now down more than 50% from last December's record high, but it still remains well above levels seen just before the start of the COVID-19 pandemic. Thursday's data tallies with a survey published earlier this week by the Institute for Supply Management, which showed a measure of the speed of U.S. supplier deliveries also improving. • Global supply chain pressure index 2022 | Statista
