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

I’m from Brooklyn a place where stars are born.
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Why are you happy that the social policy bill got put on hold in favor of this corporate hand out?:hhh:
Yeah I don’t get why folks are celebrating. It’s a corporate handout and BBB is DOA once the CBO score comes out. Don’t get me wrong our desperately infrastructure needs investment but to truly fix it would cost 5x more than this bill. It’s better than nothing no doubt. I won’t celebrate unless BBB social infrastructure bill is passed as well.
 

dora_da_destroyer

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Can’t find a definitive answer on if they fukked the backdoor Roth. If so, I need to rollover some money ASAP. They need to straight up remove income limits on a Roth. If you contribute after tax dollars and don’t qualify for a deduction, you should be able to use a Roth. It’s 6.5K/yr, that’s not doing anything to exacerbate the wealth gap

now the mega backdoor…I see the point in closing that loophole :ehh:
 
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Can’t find a definitive answer on if they fukked the backdoor Roth. If so, I need to rollover some money ASAP. They need to straight up remove income limits on a Roth. If you contribute after tax dollars and don’t qualify for a deduction, you should be able to use a Roth. It’s 6.5K/yr, that’s not doing anything to exacerbate the wealth gap

now the mega backdoor…I see the point in closing that loophole :ehh:

I think any provision related to changing Roth is embedded in the social spending bill.

They forfeited making changes earlier this week but think it’s back in the latest draft

I need the mega back door Roth loophole and QSBS exemption to stay. We eating good off that :ohlawd:
 

wire28

Blade said what up
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Progressives were always going to cave :russell:
Which is always confusing to me because every day HL tells me about how they are the only ones that actually fight for the people and are Gods gift to politics

yet they stay getting their ass whooped by some zombie ass centrists

someone make it make sense
 
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