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Do You Want To Know What Is In The Bend Over Act (Inflation Reduction)? Here You Go!

Posted on 8/3/22 at 3:37 pm
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45171 posts
Posted on 8/3/22 at 3:37 pm
Inflation Reduction Act...


$369B for climate change

$300B for green new deal loans

$80B for IRS

$60B for environmental justice

$9B for electric cars

$2.6B for coastal conservation

$1.5B for trees



Posted by PaperTiger
Ruston, LA
Member since Feb 2015
22932 posts
Posted on 8/3/22 at 3:40 pm to
Why did FOX list the electric car part as:

$9 billion in tax credit to wealthy families to buy electric cars
Posted by Champs
Geaux Tigers
Member since Feb 2008
11698 posts
Posted on 8/3/22 at 3:41 pm to
they should have to show us receipts on everything
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 8/3/22 at 3:42 pm to
Mancin said no new taxes though!
Posted by Bandit1980
God's Country
Member since Nov 2019
3745 posts
Posted on 8/3/22 at 3:42 pm to
What in the "F" has climate got to do with fighting inflation?
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 8/3/22 at 3:43 pm to
80 billion for more IRS agents? That has scam written all over it.
Posted by CamdenTiger
Member since Aug 2009
62376 posts
Posted on 8/3/22 at 3:46 pm to
16 billion in taxes on people that make $200,000, so Manchin lied It also gets worse, as the Companies inflate their prices, to make consumers pay their taxes( these people lie their arses off)… They know it’s all a hidden tax on consumers.
This post was edited on 8/3/22 at 3:49 pm
Posted by NeilBS
Member since Nov 2019
480 posts
Posted on 8/3/22 at 3:47 pm to
quote:

Why did FOX list the electric car part as: $9 billion in tax credit to wealthy families to buy electric cars
Because it's a non-refundable tax credit.
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45171 posts
Posted on 8/3/22 at 3:48 pm to
quote:

Why did FOX list the electric car part as: $9 billion in tax credit to wealthy families to buy electric cars


Probably to highlight the hypocrisy of Democrats.
Posted by THog
Member since Dec 2021
2124 posts
Posted on 8/3/22 at 3:52 pm to
Look like they are still trying force build back better and the green new deal, but disguised as inflation reduction. Who woulda thought?
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51488 posts
Posted on 8/3/22 at 3:53 pm to
Spend more money in order to fight inflation? Sounds like MMT bullshite to me.

In reality though, it's just that Congress can't conceive of not spending money. Everyone has their pet projects and their priority is to get/keep them funded, not fiscal responsibility (nor even fiscal awareness).
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 8/3/22 at 3:54 pm to
Mancin sold WV OUT.

What’s boots Sinema finna do?
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1137 posts
Posted on 8/3/22 at 4:13 pm to
this country is so screwed

the 1 person who could have fought all this environmental bullshite & deep state/swamp lock on power was naive about the depth & spread of the swamp

it'll take an act of God to save this country at this point
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
17206 posts
Posted on 8/3/22 at 4:23 pm to
It’s not a tax credit, it’s a credit on the purchase price
Posted by NineLineBind
LA....no, the other one
Member since May 2020
6876 posts
Posted on 8/3/22 at 4:27 pm to
quote:

Look like they are still trying force build back better and the green new deal, but disguised as inflation reduction. Who woulda thought?

Yeah, they copy and pasted the text of failed bills into a new document and gave it a new title. Sounds like the Joe Biden strategy for academic success.
This post was edited on 8/3/22 at 4:33 pm
Posted by TxWadingFool
Middle Coast
Member since Sep 2014
4366 posts
Posted on 8/3/22 at 4:28 pm to
quote:

$2.6B for coastal conservation


Raffle ladies at the banquets about to be rolling in cash.
Posted by billjamin
Houston
Member since Jun 2019
12393 posts
Posted on 8/3/22 at 4:29 pm to
quote:

$369B for climate change

This includes a lot of money for nuclear development.
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45171 posts
Posted on 8/3/22 at 4:31 pm to
quote:

Mancin sold WV OUT.


He sold the country out for a little payoff for WV and himself.

WV gets a pipeline that brings natural gas to VA and DC. It will create 2K jobs and bring $40M in tax revenue to WV, plus the customary kickback to the politician.

Manchin is a textbook politician and he did a textbook politician move.
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45171 posts
Posted on 8/3/22 at 4:33 pm to
quote:

Look like they are still trying force build back better and the green new deal, but disguised as inflation reduction. Who woulda thought?

Exactly.

This bill is nothing but a scaled down version of Build Back Better.
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45171 posts
Posted on 8/3/22 at 4:35 pm to
quote:

What’s boots Sinema finna do?


Not sure, probably vote for it. Regardless, pic is in order.



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