Oh the R’s on here are just seething because:

1. They got played. They passed the huge industrial policy chip bill first. Otherwise, that would have been held up.
2. It allows the government to negotiate to lower drug prices and leverage its huge market power. That’s huge and popular.
3. It taxes the profits of companies using aggressive loopholes, it eliminates the carried interest loophole for VC and PE funds, and funds a huge increase to IRS on enforcement. They can finally start going after the wealthy tax cheats in much greater numbers.
4. It is branded well. Even if it doesn’t fight inflation, everyone voting against it is on record as “voting against the inflation reduction act”. I mean, the talking points write themselves.
5. If this passes (and I won’t count my chickens until it is), it is timed well as it is popular and gives the Dems something to run on other than just pro choice and infrastructure going into the fall. It’s a big win for the Dems and the R’s on here don’t like anything that makes the Dems and Biden look competent.
6. The ability to negotiate drug prices and increase the IRS funding alone are really good policies regardless of what the rest of the bill does. Those will have huge positive benefits for the remainder of Biden’s term, even if Congress flips.

They’re rushing this out because new inflation numbers release the week after next and they’re going to be clobbered. 9.5% - 10% inflation here we come!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Whopper tax increase that will drive companies offshore.

Big fat loser for America.

15% oh boohoo. Maybe these companies will stop these outrageous hiring salaries.

Companies aren’t going to offshore! They’re in the process of reshoring right now. Globalism is over.

This statement is true. Seeing a good amount of manufacturing activity in my trade. China is going to be the biggest loser when Globalism is reduced.

Anonymous wrote:Audits for everyone!!!!

Anonymous wrote:

Anonymous wrote:And guess who’s a co-author?

I love Manchin he’s playing chess while the Squad is playing checkers. They’re so desperate they’d sign it if he named it the ‘Kiss Manchin’s Butt Bill of 2022’

Manchin isn't playing chess. He's playing his own warped version of "football" just like how Lucy used to do it in the Peanuts comics.

And if this is passed next week what will you say then?

Anonymous wrote:And guess who’s a co-author?

I love Manchin he’s playing chess while the Squad is playing checkers. They’re so desperate they’d sign it if he named it the ‘Kiss Manchin’s Butt Bill of 2022’

Manchin isn't playing chess. He's playing his own warped version of "football" just like how Lucy used to do it in the Peanuts comics.

Raise your hand if you are a republican who has been complaining about inflation.

You should be supporting this bill, as it will address significant portions of inflation.

I will posit that the GOP will oppose this bill because 1) they don't want any legislative successes and 2) they want inflation as an issue heading into the 2024 election.

sad.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Whopper tax increase that will drive companies offshore.

Big fat loser for America.

15% oh boohoo. Maybe these companies will stop these outrageous hiring salaries.

Companies aren’t going to offshore! They’re in the process of reshoring right now. Globalism is over.

Uh, who do you think is the customer base for many of these companies?

Who buys most of what is grown in the midwest?

Hint, it isn't Americans.

You can’t offshore farm crops dumbass.

Who BUYS the crops, dumbass?

I really do not want to hear anyone on the right talking about irresponsible tax policies or any sort of debt/deficit growth.

Facts matter. The GOP slammed an unfunded and irresponsible tax cut through that exploded our debt and deficit spending.

The Biden Administration, just like Obama and Clinton, are cleaning up GOP fiscal messes.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Whopper tax increase that will drive companies offshore.

Big fat loser for America.

15% oh boohoo. Maybe these companies will stop these outrageous hiring salaries.

Companies aren’t going to offshore! They’re in the process of reshoring right now. Globalism is over.

Uh, who do you think is the customer base for many of these companies?

Who buys most of what is grown in the midwest?

Hint, it isn't Americans.

You can’t offshore farm crops dumbass.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Whopper tax increase that will drive companies offshore.

Big fat loser for America.

15% oh boohoo. Maybe these companies will stop these outrageous hiring salaries.

Companies aren’t going to offshore! They’re in the process of reshoring right now. Globalism is over.

Uh, who do you think is the customer base for many of these companies?

Who buys most of what is grown in the midwest?

Hint, it isn't Americans.

Is Sinema on board?

What exactly is all that money for "climate" actually going to be spent on?

Anonymous wrote:Audits for everyone!!!!

LOL they’re barely getting funded enough to untangle the massive backlogs from the pandemic tax seasons. To do audits they needed those 60,000 agents Biden wanted to hire at a cost of $400 billion. The new plan only allocated $124 billion.

Anonymous wrote:Audits for everyone!!!!

If that’s making you nervous you should clean up your act.