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Farewell, Years-Long GOP Effort to Help the Wealthy Not Pay Taxes

Posted on AllSides August 8th, 2022
From The Left
Chip Somodevilla/Getty Images
OPINION

They did it: Senate Democrats have finally passed a reconciliation package after more than a year of negotiations. Gone are one-time priorities like child care and housing; Americans will have to settle for the country’s largest ever investment in fighting climate change, plus some important strides toward lowering health care costs.

Republicans still managed to strip out a $35 price cap on the cost of insulin for patients with health insurance, and Sen. Kyrsten Sinema lobbied to remove tax increases on private-equity barons. But one key, if overlooked, piece of the bill remained intact...

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https://slate.com/business/2022/08/inflation-reduction-act-irs-taxes-senate-manchin-schumer.html

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