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The Inflation Reduction Act was just a tax increase and a massive spending bill. It was never intended to reduce inflation.

The Inflation Reduction Act was just a tax increase and a massive spending bill.  It was never intended to reduce inflation. | I KNOW EVERYONE IS SUFFERING FROM THE INFLATION THAT I CREATED. TO EASE YOUR BURDEN, I RAISED TAXES ON EVERYONE.  YOU DIDN'T NEED THAT MONEY. REMEMBER THAT WHEN YOU VOTE THIS YEAR. | image tagged in lying sack,its like hes trying to destroy the economy,if you want more suffering then vote for biden | made w/ Imgflip meme maker
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3 Comments
0 ups, 9mo,
1 reply
No, it didn’t. Only on big businesses, stock buybacks, and cryptocurrency transactions. Nothing the average American would be paying extra taxes on.

If you’re looking for reasons why taxes increased, perhaps looks at the Tax Cut and Jobs act of 2017
1 up, 9mo
Go read the bill. There is one group who was exempt from a tax increase. Those earning between $10,000 and $20,000 per year. Everyone above and below that bracket got a tax increase.

Go read the bill and stop reading/watching the mainstream news. They lie their butts off to maintain the liberal narrative.

https://www.congress.gov/bill/117th-congress/house-bill/5376/text

Also whenever the government taxes business, businesses have no choice but to pass that tax in the cost of their products. They are hidden tax increase that liberals just do not understand. They think it is just the government sticking it to the man. The "man" is YOU.

So while Biden is devaluing the dollar he is also causing prices to go up more and stealing more of your money. Biden HATES America.
[deleted]
0 ups, 9mo
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I KNOW EVERYONE IS SUFFERING FROM THE INFLATION THAT I CREATED. TO EASE YOUR BURDEN, I RAISED TAXES ON EVERYONE. YOU DIDN'T NEED THAT MONEY. REMEMBER THAT WHEN YOU VOTE THIS YEAR.