The Inflation Reduction Act and Taxes: What You Should Know
You’re probably not thinking much about taxes right now, in part because inflation has you paying high prices for essentials like food, clothing, and gas. But you may have heard that President Biden recently signed the Inflation Reduction Act of 2022, a sweeping piece of legislation that is designed to address some of the significant issues that the U.S. is facing.
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Some of those issues include the high cost of prescription drugs, healthcare availability, climate change, and, yes, hopefully . Proponents of the new law say that its various provisions for fighting climate change, supporting clean
