Inflation Reduction Act: 8/12/22 - $740B Bill PASSES, Biden signs it into law!

WILL AN ACTUAL BILL BE PASSED BY THE DEMS???


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ZoeGod

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This week will make or break Biden’s presidency and agenda.
 

ExodusNirvana

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Lol at this Sinema being a "Democrat" at this point. Kick that bytch out the party
She's gonna ride this out until her term is over (2024? 2025?) and then she'll just be a regular on CNN or FOX whenever they need a Democrat to say "Hey this is why I am no longer in politics! Because the Democratic Party is [Insert Bullshyt Reasoning]"
 

Micky Mikey

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This bytch needs to have protesters camped outside her home 24/7. There should be no safe space in public for this creature.
Bidens presidency and to some extent the Democracy itself is in jeopardy because of her own greed. This is absolutely unacceptable.

Biden needs some victory going into the midterms and later down the line in 2024. If Republicans take back the house, senate and presidency we can kiss any hope of free and fair elections goodbye. I don't think people realize just how dangerous this period in our country is.
 

Hood Critic

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That's the exact reason its silly for so many people to have their panties in a bunch over this provision, the vast majority of your earnings are already documented and handed to the IRS in some form or fashion. It's simply a matter of man power and whether its worth it to go after someone making extra money flipping game consoles and sneakers versus someone trying to slide hundreds of thousands or millions through the system undetected.
 

Pressure

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This bill is playing the exact same as the 1.5 and the Covid relief bill.

Coli going to be disappointed again after these acclerationist dreams also fail.

I look forward to hearing about how it's about principles after the bill is received well once again. :francis:
 

NkrumahWasRight Is Wrong

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That's the exact reason its silly for so many people to have their panties in a bunch over this provision, the vast majority of your earnings are already documented and handed to the IRS in some form or fashion. It's simply a matter of man power and whether its worth it to go after someone making extra money flipping game consoles and sneakers versus someone trying to slide hundreds of thousands or millions through the system undetected.

10000 flows is hell of a lot different than a 600 balance but still that's anyone with a job that can be grounds for snooping retroactive to whenever

Anyone defending the 600 balance as is pure partisan juelzing or naivete at its utmost finest

If its targeting the wealthy then make that shyt 100k liquid balance or 500k gross flows or some shyt

600 balance is fukking ludicrous and I dont care what any of you say on here

Let that provision go in and down the road an ATM withdrawal of 200 or whatever it may be will eventually be flagged as the country moves away from cash. Let's say it's even 5 years from now

All of a sudden they audit someone who deposited a cash birthday present from years prior and that's gotta be explained? Maybe that's an extreme example but this is a slippery slope of complete garbage and for the democrats to say that's targeting the wealthy? They can fukk off with that

I still havent received a reason why this is necessary from the people who say the IRS can already do this. So why add something redundant that is easily perceived as an attack on the little guy, specifically when they say they are more likely to audit said little guy than the wealthy due to funding? How about they just fund the IRS more in the bill and not add the provision then?
 
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