Commentary In the midst of a recession, with inflation eating away an average of $6,800 in purchasing power from the incomes of families with two workers, the so-called Inflation Reduction Act would impose tax increases, manipulative federal subsidies, and price controls on every American family. The bill would deepen the growing recession, continue to depress…
‘Inflation Reduction Act’ Is Euphemism for Big Government Socialism, Higher Prices
August 3, 2022
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AnalysisChuck SchumerdepressioninflationInflation Reduction ActIRSJoe Manchinminimum taxesOpinionprice controlsrecessionstagflationtax hikeU.S. economy
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