Inflation Reduction Act – Will it Work? [EP. 178]

The Inflation Reduction Act aims to do just that. Reduce the amount of inflation. But will it work? The bill highlights its goals to tax the rich and large corporations, but a deeper look shows that it may affect everyone…

Resources:

https://americansforprosperity.org/inflation-reduction-act-facts/

https://www.finance.senate.gov/imo/media/doc/jct_distributional_effects_inflation_reduction_act.pdf

https://www.marketwatch.com/story/whats-in-and-out-of-democrats-739-billion-inflation-fighting-package-01658980250?siteid=yhoof2

https://www.politico.com/news/2022/08/02/income-minimum-corporate-tax-deal-00048929