Upon reflection, Democratic Rep. Elaine Luria of Virginia said that the Inflation Reduction Act passed in August was more an environmental bill than one addressing inflation, according to the Daily Caller…
Larry Summers ‘Appalled’ At Special Interest Tax Carve-Outs In Democrat Bill…
Former Treasury Secretary Larry Summers says he’s “appalled” by the special interest carve-outs in the Democrats’ recent tax-and-climat bill, which he says threatens a historic international agreement…
Inflation Reduction Act Will Increase Middle Class, Small-Business Taxes: Tax Law Expert…
While Democrats insist that the Inflation Reduction Act won’t boost taxes on people making less than $400,000 a year, collateral effects from the legislation will cause workers and small businesses alike to pay more, according to Preston Brashers, a senior tax policy analyst at the right-leaning Heritage Foundation…
‘We have a very serious inflation problem’: Former Clinton Treasury Secretary Larry Summers Slaps Down Biden’s Claim Inflation Is ZERO Despite it Standing at 8.5%…
Bill Clinton’s Treasury Secretary Larry Summers has slapped down Joe Biden’s victory lap over the latest inflation figures – saying ‘we still have a very serious problem’…
TAX FOUNDATION: Details & Analysis of the Senate Inflation Reduction Act Tax Provisions…
Last-week’s Democrat-sponsored Inflation Reduction Act (IRA), successor to the House-passed Build Back Better Act of late 2021, has been touted by President Biden to, among other things, help reduce the country’s crippling inflation…
Senate Dems Unveil New Corporate Minimum Tax; Sinema On Board…
Three key Senate Democrats have unveiled a new plan to enact a 15% minimum corporate tax on declared income of large corporations, according to CNBC…