What’s REALLY in the “Inflation Reduction Act?”
What’s in Senate Democrats’ $740 billion, 725-page “Inflation Reduction Act,” you ask?
- Tax increases on Americans making less than $400,000 a year.
- Drug pricing negotiations that will stop the development of over 300 lifesaving treatments.
- A methane tax that will increase the average American family’s yearly energy bills by 17%.
- 87,000 new IRS agents to perform audits on Americans making less than $75,000 a year.
- Government checks for well-off Americans to purchase luxury electric vehicles.
- Nothing to reduce inflation.