4 thoughts on “A look at the Inflation Reduction Act’s effect on California

  1. Everyone will look back on this, in oh about a year or less, and all they will remember from it is the 87,000 IRS tax auditors who were hired. The Congressional Budget Office says it won’t reduce inflation (as did Bernie Sanders). So I would give it a more fitting name: The IRS Agent Act. Don’t believe for a minute the lie that they will only go after those making over $400,000. That would be only 1 percent of the taxpayers. They will also go after the middle class because that’s where the money is. They will also go after low income people who fudge their taxes to try and keep a little of their money. Big Government Socialism is coming like a runaway train.

  2. “Inflation Reduction Act,” LOL – HA HA HA HA.

    More like Inflation EXACERBATION Act. Not a single thing in it will reduce inflation, and, actually, it will make the situation worse.

    Isn’t it interesting how if you lie to a government agent, it’s a felony, but when the US Government lies to you, it’s “public policy”?

  3. If there is anyone out there who actually believes the taxes and spending in this legislation will help to decrease inflation I have connections to a great investment for you…in a green energy solar panel company… called Solyndra.

  4. One final thought. Somewhere within the 87,000 new IRS agents there must be at least one who will answer the phone when you call the IRS for help on a tax issue. If you call them you will be put on hold for about 30 minutes and then a recording comes on that says they are busy and to call back tomorrow, then it hangs up on you. Also I hope 80 Billion dollars going to the IRS funds another agent to work on my 2019 refund. Am I asking for too much?

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