Let the truth be known
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Re: Let the truth be known
The package delivered more than $300 billion in climate and energy investments, reformed prescription drug prices and created a new minimum tax on large corporations. Sunday’s passage of the legislation marked a triumphant moment for a party that for years has talked a big game on lowering drug prices and fighting climate change
Who would possibly be against it.
YepComment
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Re: Let the truth be known
Democrats have included a 16.4 cents-per-barrel tax on crude oil and imported petroleum products tThe bill imposes a regressive tax on American oil and gas development. The tax will drive up the cost of household energy bills. The Congressional Budget Office estimates the natural gas tax will incrWhen Americans choose to sell shares of stock back to a company, Democrats will impose a new federal excise tax which will reduce the value of household nest eggs. Raising taxes and restricting stock buybacks harms the retirement savings of any individual with a 401(k), IRA or pension plan.
Union retirement plans will also be hit.ease taxes by $6.5 billion.hat will be passed on to consumers in the form of higher gas prices.
Just a small portion of how to pay for it .Comment
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Re: Let the truth be known
Democrats have included a 16.4 cents-per-barrel tax on crude oil and imported petroleum products tThe bill imposes a regressive tax on American oil and gas development. The tax will drive up the cost of household energy bills. The Congressional Budget Office estimates the natural gas tax will incrWhen Americans choose to sell shares of stock back to a company, Democrats will impose a new federal excise tax which will reduce the value of household nest eggs. Raising taxes and restricting stock buybacks harms the retirement savings of any individual with a 401(k), IRA or pension plan.
Union retirement plans will also be hit.ease taxes by $6.5 billion.hat will be passed on to consumers in the form of higher gas prices.
Just a small portion of how to pay for it .
Democrats have included a 16.4 cents-per-barrel tax on crude oil and imported petroleum products
So if the Oil is from US sources NO Tax sounds Great to me more USA Jobs Jobs Jobs
As far as stock buy back we all saw how the Trump tax cuts instead of investment and raising employees salary companies boughtback stock to falsely increased the values.
BTW the report was done Only by the Republicans I wonder if its skewed.Comment
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Re: Let the truth be known
you DON'T get the cherry pick points
The Bill lowers the debt
lowers healthcare drug prices
lowers healthcare
Increases USA Jobs
Taxes companies making over 1 Billion at a flat rate of 15%.
Rebates on EV made in USA
PS its not Trillions of Dollars
See the Republicans plan belowComment
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Re: Let the truth be known
75% imported oil what BS buddy
you DON'T get the cherry pick points
The Bill lowers the debt
lowers healthcare drug prices
lowers healthcare
Increases USA Jobs
Taxes companies making over 1 Billion at a flat rate of 15%.
Rebates on EV made in USA
PS its not Trillions of Dollars
See the Republicans plan below
So this package cost $400 billion dollars (the inflation reduction act), how do you borrow money to lower inflation exactly? Could you enlighten me?
Because if you could spend your way into lower inflation, then why not spend 100 TRILLION so we can reduce inflation to ZERO? Maybe, you could explain that to me as well. How?Comment
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Re: Let the truth be known
So this package cost $400 billion dollars (the inflation reduction act), how do you borrow money to lower inflation exactly? Could you enlighten me?
Because if you could spend your way into lower inflation, then why not spend 100 TRILLION so we can reduce inflation to ZERO? Maybe, you could explain that to me as well. How?
Math works
The Bright side is Zero Republicans voted for it.
That makes it pretty easy to vote who supports the American people and who doesn't.
Don't worry I am sure you won't benefit
From lower health-care cost or prescriptions
Or an EV tax credit
Or thousands of new jobsComment
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Re: Let the truth be known
700 billion in companies making over 1 Billion that had paid Zero Taxes now pay a min 15% there you go.
Math works
The Bright side is Zero Republicans voted for it.
That makes it pretty easy to vote who supports the American people and who doesn't.
Don't worry I am sure you won't benefit
From lower health-care cost or prescriptions
Or an EV tax credit
Or thousands of new jobsComment
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Re: Let the truth be known
Don't worry your brain.
It will pass and 10 years from now you'll be taking credit for it.Comment
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Re: Let the truth be known
Did you read , oil AND petroleum products , here are some examples of those products ,These petroleum products include gasoline, distillates such as diesel fuel and heating oil, jet fuel, petrochemical feedstocks, waxes, lubricating oils, and asphalt.If this bill produces jobs and reduces inflation lets start with the KEYSTONE PIPELINE . Then i will back you up and applaud the passing of this billComment
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Re: Let the truth be known
Did you read , oil AND petroleum products , here are some examples of those products ,These petroleum products include gasoline, distillates such as diesel fuel and heating oil, jet fuel, petrochemical feedstocks, waxes, lubricating oils, and asphalt.If this bill produces jobs and reduces inflation lets start with the KEYSTONE PIPELINE . Then i will back you up and applaud the passing of this bill:
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Re: Let the truth be known
“The main targets will by necessity be the middle- and upper-middle class because that’s where the money is.”
"The majority of these new revenues will come from Americans making less than $200,00 a year, according to the nonpartisan Joint Committee on Taxation."
Schumer-Manchin Spending Bill Supercharges IRS to Go After Middle-Class Income Earners - Truth Press
So dude appears your can't read for yourself post where in the Bill it's written
I'll WAITComment
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