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ATR: Taxes on Fuel, Business, Medicines, and More in 'Inflation Reduction Act'

ATR: Taxes on Fuel, Business, Medicines, and More in 'Inflation Reduction Act'

ATR: Taxes on Fuel, Business, Medicines, and More in 'Inflation Reduction Act'
Aug 08, 2022 36 secs

Americans for Tax Reform (ATR) has listed several taxes in in the so-called “Inflation Reduction Act” that passed the Senate on Sunday — which Democrats now hail as a “climate” bill, since the Congressional Budget Offices says it will hardly reduce inflation.

These taxes include taxes on fossil fuel, which will raise energy costs for working-class families, still struggling with high gas prices; taxes on businesses that will affect consumers and entrepreneurs; taxes on medicines; and taxes that affect pensions.

The bill passed the Senate on Sunday evening, and now heads to the Democrat-controlled House for likely passage.

Pollak is Senior Editor-at-Large at Breitbart News and the host of Breitbart News Sunday on Sirius XM Patriot on Sunday evenings from 7 p.m.


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