Posted on Aug 1, 2022
Most Americans will feel tax pain from Dem inflation bill despite Biden's past promises: analysis...
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What is really inside The Inflation Reduction Act?
The facts: In 2023, the year in which the legislation would increase tax revenue most, individuals making less than $10,000 per year would pay 3.1% more in taxes and those making between $20,000-30,000 per year would see a 1.1% tax increase, the JCT analysis showed. Tax revenue collected from those making $100,000 per year or less would increase by $5.8 billion in 2023 under the Inflation Reduction Act.
The facts: In 2023, the year in which the legislation would increase tax revenue most, individuals making less than $10,000 per year would pay 3.1% more in taxes and those making between $20,000-30,000 per year would see a 1.1% tax increase, the JCT analysis showed. Tax revenue collected from those making $100,000 per year or less would increase by $5.8 billion in 2023 under the Inflation Reduction Act.
Most Americans will feel tax pain from Dem inflation bill despite Biden's past promises: analysis...
Posted from foxbusiness.com
Office of the President (POTUS)
Taxes
Money
Policy
Posted 2 y ago
Responses: 3
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And we are surprised, how?
All politicians saw the title of the movie, "Other People's Money" and thought it was a great idea, without ever bothering to watch the movie to see what a train wreck it was.
All politicians saw the title of the movie, "Other People's Money" and thought it was a great idea, without ever bothering to watch the movie to see what a train wreck it was.
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SFC (Join to see)
We need to stop stealing from our children and grandchildren. If we were actually taking money from our grandchildren not many people would do that, but allowing our government to do it is worse.
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If a politicians lips are moving they are probably lying. This shouldn't surprise anybody. Democrats have to raise taxes how are they going to pay for all those socialist programs they want to put in place.
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The serial liar is incapable of telling the truth, why would Fox Business be surprised???
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