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Does the Inflation Reduction Act violate Biden’s 0,000 tax pledge? Expect ‘a different answer depending on who you ask,’ says analyst
Finance

Does the Inflation Reduction Act violate Biden’s $400,000 tax pledge? Expect ‘a different answer depending on who you ask,’ says analyst

August 5, 2022 admin-dominor



The answer is more complicated than it may sound. Broadly, it depends on what you consider a "tax" and how you account for the bill's aggregate benefits.



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