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

 

Nic Daniels BFA™, Financial Advisor

https://www.therealmoneypros.com

https://www.treecityadvisors.com