Rep. Sara Jacobs insists Inflation Reduction Act only raises taxes on the extremely wealthy -

SAN DIEGO – The United States Senate passed the s0-called Inflation Reduction Act, with a tie breaking vote from Vice President Kamala Harris.

Democrat Congresswoman Sara Jacobs joined KUSI’s Jason Austell to discuss the bill, and share details about why she is voting in favor it, and respond to reaction from those opposed. Republicans are adamant the “Inflation Reduction Act” will not actually reduce inflation, and Rep. Sara Jacobs even said that President Biden is correct when he said there is zero inflation. KUSI’s Jason Austell then asked why we need an Inflation Reduction Act if we have zero inflation, and why she supports a bill that increases taxes on Americans in the middle of a recession.

She said over time, the bill will bring down the cost of living and energy, but KUSI’s Jason Austell pointed out that Americans are hurting right now, many of them aren’t able to wait a long period of time for the relief.

sarajacobs Do you say “Republican” ________ when you bring on your commentators?

sarajacobs Here’s the thing that nobody talks about. The Democrats yes want to raise taxes on the upper class, however, there is absolutely zero talk or legislation to lower the taxes on the middle and working class. So it’s not about paying their fair share, they aren’t giving us a break.

sarajacobs VoteHerOut TrustFundBaby InflationReductionAct VoteNo

sarajacobs Sad

sarajacobs Our best and brightest! Not!

sarajacobs

sarajacobs You tagged the wrong Sara fyi

sarajacobs Keep voting the Dam Democrats

sarajacobs She said her family should pay more in taxes. No one is stopping her family from paying more in taxes. The IRS will accept more than you owe. She’s a hypocrite. She’s a rich climate criminal who flys around on private jets.

sarajacobs are there even 50 nobel prize winners alive today in economics?

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inflation Reduction Act 'a mess' after billionaire tax hike was removed, AOC's constituents sound offRep. Alexandria Ocasio-Cortez's constituents weighed in on how the Inflation Reduction Act kept the carried interest loophole, but addressed climate change. I’m not sure that guy is AOC’s target constituency
Source: FoxBusiness - 🏆 458. / 53 Read more »

Ro Khanna is taking a victory lapKhanna spoke to SFGATE about the Inflation Reduction Act, his recent defense of Nancy Pelosi's trip to Taiwan and more. Khanna Licking the boot.
Source: SFGate - 🏆 534. / 51 Read more »

IRA Puts Economic Muscle Behind Search For Sustainable Aviation FuelThe Inflation Reduction Act contains major new incentives for the sustainable aviation fuel research and development. Green hydrogen would be cool. interesting twelve_co2
Source: cleantechnica - 🏆 565. / 51 Read more »

Understanding The New Federal Tax Credit For Electric Cars — It's ComplicatedThe federal tax incentives for electric cars in the Inflation Reduction Act will benefit many, but impose significant new restrictions. Year wait on a Tesla before the new credits. Should have put the $$$ into the grid
Source: cleantechnica - 🏆 565. / 51 Read more »

'A Lot Better Than Build Back Better': Big Business Relieved as Dems Go Light on Tax HikesOne progressive tax expert said the Inflation Reduction Act \u0022cannot be the final chapter in the fight against profit-shifting and offshoring practices by large corporations.\u0022
Source: commondreams - 🏆 530. / 51 Read more »

How the EV Tax Credits in Democrats' Climate Bill Could Hurt Electric Vehicle SalesProposed tax credits of up to $7,500 for EVs under the Inflation Reduction Act could be counterintuitive for sales of EVs, according to several companies.
Source: nbcsandiego - 🏆 524. / 51 Read more »