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Inflation Reduction Act


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5 hours ago, baddog said:

I sure do miss Trump. 

And remember Truman?  “The Buck stops here”.  Wonder if Biden knows that?  Have never, ever, heard Biden apologize for screwing up - being wrong.  What makes this so important, everything he does is wrong.  Everything!  What a putz!

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This is the hidden content, please

democrats looking out for the little guy.

From the article:

Americans who earn less than $75,000 per year are slated to receive 60% of the additional tax audits expected under Democrats' spending package, according to an analysis released by House Republicans.

The analysis, which is a conservative estimate based upon recent audit rates and tax filing data, shows that individuals with an annual income of $75,000 or less would be subject to 710,863 additional Internal Revenue Service (IRS) audits while those making more than $1 million would receive 52,295 more audits under the bill. The legislation, the Inflation Reduction Act, would roughly double the IRS' budget to increase enforcement and, therefore, federal tax revenue. 

"Value shoppers at Walmart and other retailers, already struggling with higher prices and more expensive fuel to drive to the store, will get hit with 710,000 additional audits thanks to the Manchin-Biden Democrat bill," House Ways and Means Committee ranking member Kevin Brady, R-Texas, said in a statement after releasing the study.

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23 hours ago, LumRaiderFan said:

This is the hidden content, please

democrats looking out for the little guy.

From the article:

Americans who earn less than $75,000 per year are slated to receive 60% of the additional tax audits expected under Democrats' spending package, according to an analysis released by House Republicans.

The analysis, which is a conservative estimate based upon recent audit rates and tax filing data, shows that individuals with an annual income of $75,000 or less would be subject to 710,863 additional Internal Revenue Service (IRS) audits while those making more than $1 million would receive 52,295 more audits under the bill. The legislation, the Inflation Reduction Act, would roughly double the IRS' budget to increase enforcement and, therefore, federal tax revenue. 

"Value shoppers at Walmart and other retailers, already struggling with higher prices and more expensive fuel to drive to the store, will get hit with 710,000 additional audits thanks to the Manchin-Biden Democrat bill," House Ways and Means Committee ranking member Kevin Brady, R-Texas, said in a statement after releasing the study.

Yeah, right. This is not true.

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1 hour ago, Big girl said:

I am sure that none of you all make 400 000 a year so stop whining

 

Typical liberal remark. As long as it doesn’t affect you, then you’re ok with it. Shouldn’t you be concerned for the people who do make that much money? That’s what’s wrong with the country right there. 

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26 minutes ago, baddog said:

Typical liberal remark. As long as it doesn’t affect you, then you’re ok with it. Shouldn’t you be concerned for the people who do make that much money? That’s what’s wrong with the country right there. 

Typical class warfare remark, I ain’t rich so screw those that are.

Right out of the lefty handbook, very effective on the low information crowd.

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On 8/9/2022 at 12:07 PM, LumRaiderFan said:

This is the hidden content, please

democrats looking out for the little guy.

From the article:

Americans who earn less than $75,000 per year are slated to receive 60% of the additional tax audits expected under Democrats' spending package, according to an analysis released by House Republicans.

The analysis, which is a conservative estimate based upon recent audit rates and tax filing data, shows that individuals with an annual income of $75,000 or less would be subject to 710,863 additional Internal Revenue Service (IRS) audits while those making more than $1 million would receive 52,295 more audits under the bill. The legislation, the Inflation Reduction Act, would roughly double the IRS' budget to increase enforcement and, therefore, federal tax revenue. 

"Value shoppers at Walmart and other retailers, already struggling with higher prices and more expensive fuel to drive to the store, will get hit with 710,000 additional audits thanks to the Manchin-Biden Democrat bill," House Ways and Means Committee ranking member Kevin Brady, R-Texas, said in a statement after releasing the study.

There is no doubt they’re trying to destroy the middle class but I also believe they will go after Republican Donors to drain Republican Campaign Funds an silence any political opposition which they believe will help them stay in power. They are already using the FBI and DOJ to try to destroy their political opposition, just look at the BS raid Trumps home. 

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Funny how Obama never showed his tax return and no one said anything. Deep state has been after Trump since forever wanting him to show his tax return. Must have forgotten he has been a millionaire/billionaire all of his life. Why don’t we audit the multi-million dollar congressmen and women who got rich while in office? A few well-known names roll off the tip of my tongue. Those are your real tax evaders and thieves. 

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KENNEDY: "Biden has mismanaged
congress; mismanaged COVID;
mismanaged crime; mismanaged the
border; mismanaged Afghanistan;
mismanaged the economy; mismanaged
inflation; and forfeited American's
energy independence…I think a majority
of voters in this country…think he would
be better off selling catheters on late
night TV than serving as President.'

- Senator Kennedy of Louisiana 

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On 8/12/2022 at 12:39 PM, baddog said:

Funny how Obama never showed his tax return and no one said anything. Deep state has been after Trump since forever wanting him to show his tax return. Must have forgotten he has been a millionaire/billionaire all of his life. Why don’t we audit the multi-million dollar congressmen and women who got rich while in office? A few well-known names roll off the tip of my tongue. Those are your real tax evaders and thieves. 

Yes, he did.

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The gift from biden and the democrats just keeps on giving...to others.

From the article:

Canadian officials celebrated the new law as a windfall for Canada and its green energy manufacturing sector, which will benefit from Americans receiving tax credits for purchasing electric vehicles made in North America, a fact not lost on critics of the legislation.

"Using your taxes to boost the Canadian automobile manufacturing sector is not going to reduce inflation in the United States, but it is quite a gift to Canada, the same country that sued the U.S. in the WTO to get us to remove country of origin labels from our beef and pork," Rep. Thomas Massie, R-Ky., said Wednesday in response to Trudeau.

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